Ecosystem Roundup: North Korea’s US$6.4B Binance heist took 54 minutes and isn’t over

North Korea’s TraderTraitor group drained about US$6.4 billion from Binance in the early hours of 30 October, Singapore time, according to a Chainalysis reconstruction that puts the loss slightly above the exchange’s own US$6.3 billion estimate. No cryptography was broken. A compromised engineer’s laptop let the attacker obtain valid signed authorisations from a Binance hot […] The post Ecosystem Roundup: North Korea’s US$6.4B Binance heist took 54 minutes and isn’t over appeared first on e27.