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