Binance Hack: $6.3 Billion Stolen in Largest Crypto Theft on Record

TLDR Binance says a hack cost it about $6.3 billion, the largest crypto theft on record. About $3 billion of the assets have been frozen, including more than $2.3 billion in USDT and USDC. Binance’s first probe points to a compromised DevOps engineer’s laptop, and it found no sign of a private key leak. Binance says it will cover all losses with its SAFU fund and company money. Bitcoin fell 4.8% to below $77,000, and security firms say North Korea is the likely culprit. Binance, the world’s largest crypto exchange by volume, said on Thursday that attackers stole about $6.3 billion in assets. Security experts are calling it the biggest crypto hack in history.

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