TechKim Yo-jong speaks out as North Korea denies plotting $6.3bn Binance hack
North Korea denied orchestrating a record $6.3bn hack of cryptocurrency exchange Binance. Kim Yo-jong called the allegations a US attempt to damage the country’s international image, while US law enforcement and cybersecurity analysts blamed Pyongyang. Binance said attackers gained access through an engineer’s laptop and that it has reimbursed about 95% of the stolen assets.
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BBC ChineseOriginal★★★☆☆2026-11-03 02:49
- Frantic Binance Hackers Created a Windfall for Fast Crypto Traders
For most crypto investors, the $6.3 billion theft from Binance underscored the risks still facing digital assets. A small group of nimble trading firms and skilled investors, however, saw a chance to make quick money.
North Korea denies involvement in record $6.3bn Binance hackKim Yo-jong denied North Korea was behind the $6.3bn theft from Binance, calling US accusations an attempt to damage the country’s image. US agencies and analysts blame the attack on state-backed group TraderTraitor. Binance says it has covered about 95% of the stolen assets and will meet all losses.
North Korea rejects US allegations over $6 billion Binance crypto heistNorth Korea on Tuesday dismissed US claims that it was behind a $6 billion cryptocurrency theft from Binance as “absurd rhetoric.” It accused Washington of trying to cast the country as a cybercriminal state and warned that US hostility could affect future diplomatic engagement.
Crypto industry faces stark security challenges after US$6.4 billion Binance hackIndustry leaders at Hong Kong’s Fintech Week are seeking ways to tackle crypto crime after Binance’s historic hack. More than US$3 billion in stolen assets remain with hackers alleged to be from North Korea. Fireblocks global head of banking initiatives Tim Way said every endpoint and server must be treated as potentially compromised.
- The $6.3bn Binance hack exposes crypto’s growing centralisation
The $6.3bn Binance hack highlights how centralised crypto has become. Blockchains are not the problem; technological vulnerabilities have been introduced by the ecosystem around them.
