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#northkorea

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Posts and discussion tagged #northkorea on DFace.

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Binance covers most of $6.3B hack loss, North Korea suspected

Cryptocurrency exchange Binance has covered 90% of the losses from a $6.3 billion hack, according to the company. Two analytics firms report that their intelligence strongly suggests a North Korean state-backed hacking group is responsible for the theft.

Do you think crypto exchanges should be required to hold insurance for hacks?

#binance #cryptohack #northkorea #cybersecurity #cryptocurren…

Source: BBC News

DFace News

Binance hit by record $6.3bn crypto heist, likely North Korea

The world's largest cryptocurrency exchange has suffered a theft of $6.3bn in digital assets, described as the largest heist in history. Experts point to North Korea as the likely culprit. Binance says it has frozen roughly $3bn of the affected funds and will cover all customer losses.

How much trust do you place in centralized exchanges versus holding your own crypto?

#cryptosecurity #…

Source: The Guardian