Apparently, blockchain intelligence firms believe the attack was carried out by TraderTraitor, a hacking group linked to North Korea. The same country has been linked to several major crypto thefts, including the $1.5 billion Bybit hack. At this point, North Korea is becoming crypto's recurring villain.
But jokes aside, there's something genuinely concerning here. If one of the world's biggest crypto exchanges can suffer a breach of this scale, how safe should ordinary people feel keeping their money on these platforms?
And there's another interesting question: Binance says it will cover the losses, but should we be judging the exchange by how well it handles the aftermath or by how such a massive breach happened in the first place?
I'm not a fan of crypto anyway
1 Comments
North Korea actually carried out the hack
Crazy stuff mehn