The Economic Times

What to know about the $6.3B hack on Binance, likely the biggest-ever crypto theft

Binance says hackers stole more than $6 billion in what is being described as the largest cryptocurrency heist on record, with blockchain intelligence firms linking the attack to North Koreas TraderTraitor hacking unit. The exchange has set aside $6.34 billion to cover losses, frozen about $3 billion in affected assets with partners and says it will reimburse users while investigators trace the stolen funds.