What we know about Binance's $6.3bn hack
What we know regarding Binance's $6.3bn hack.
What we know regarding Binance's $6.3bn hack.
Article outline
- What happened
- The details
- The bottom line
Key points
- Binance, the world's biggest crypto exchange, has been hit by a $6.3bn (£4.7bn) hack.
- Though no one has asserted responsibility, two analytics firms have attributed the incident to a North Korean hacking unit.
- BBC business reporter Archana Shukla explains what we know so far regarding this hack.
- Half of the assets have been frozen but plenty of remain in the hands of the hackers, the cryptocurrency giant stated.
Though no one has asserted responsibility, two analytics firms have attributed the incident to a North Korean hacking unit. Binance did not directly respond to questions regarding the incident's potential links to North Korea.
BBC business reporter Archana Shukla explains what we know so far regarding this hack. Follow live updates on the hack.
For now, what we know about Binance' s $6.3bn hack remains the part of the story worth watching, and further updates are likely as more details are confirmed.
