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Major blockchains have not been hacked, Securitize CEO saysEconomy

Securitize chairman, co-founder and CEO Carlos Domingo said on Bloomberg Crypto that major blockchains have not been hacked. The segment also said hackers stole $6.3 billion from Binance in what it described as the biggest heist ever.

BBloomberg Television
How Hackers Pulled Off the Greatest Heist EverEconomy

Bloomberg Television’s Vildana Hajric says on “Bloomberg Crypto” that hackers stole $6.3 billion from Binance in what was described as the biggest heist ever. About $3.13 billion remains in wallets linked to the theft, mostly in Bitcoin and Ether, while another $2.85 billion was frozen or intercepted.

BBloomberg Television
Everybody will be hacked at some point, Ledger CEO saysEconomy

Ledger Chairman and CEO Pascal Gautier says everyone will be hacked eventually. Hackers who stole $6.3 billion from Binance last week found a way to move 40% of the stolen cryptocurrency in one go, reducing the chance of being caught in the act, at a cost of just $15.

BBloomberg Television
How North Korea carried out the $6.3bn Binance heistEconomy22:24

A theft of $6.3bn from cryptocurrency exchange Binance last week may be the largest heist in history. North Korean hackers are suspected of carrying it out, with the funds disappearing in 20 minutes. Hackers linked to North Korea have also been accused of targeting banks, public institutions and Sony Pictures over the past decade.

BBBC News
A look at North Korea’s formidable hacking capabilitiesTech

North Korea has built one of the world’s most formidable hacking operations and is accused of carrying out the recent Binance heist, believed to be the largest crypto theft ever. CNA examines how the isolated country, despite limited resources, developed these capabilities.

CCNA
How the $6 Billion Binance Crypto Heist UnfoldedEconomy4:45

Hackers stole more than $6 billion from crypto exchange Binance in late October. As the company scrambles to respond, the crypto industry’s reaction to the latest breach is in focus.

BBloomberg Television
LIVE: CZ on Binance’s $6.3B hackEconomy15:55

CoinDesk speaks live with Changpeng “CZ” Zhao after Binance lost $6.3 billion in what it calls crypto’s largest hack. The interview will address whether the funds are safe and what comes next for the exchange.

CCoinDesk
Bitcoin ETFs hit by $643 million selloff as Binance hack shakes cryptoEconomy36:20

A CoinDesk program examines what it describes as crypto’s largest hack. TRM Labs’ Ari Redbord says about $6.4 billion was drained from Binance across 10 blockchains and discusses the implications for exchange security. Google Cloud’s Rich Widmann explains the newly unveiled Google Multi-Party Computation…

CCoinDesk
Seoul urges tighter crypto security after Binance’s $6 billion heistEconomy48:02

South Korea is urging domestic cryptocurrency exchanges to strengthen security after last week’s Binance heist. The programme also reports that Seoul plans to double AI spending to a record $16 billion, Japan may nearly double defence spending over five years, and Xi Jinping called closer economic ties with Oman a “shared strategic choice.”

CCNA
South Korea urges tighter crypto security after $6.3 billion Binance heistEconomy3:30

South Korea is urging local cryptocurrency exchanges to strengthen security after a $6.3 billion theft at Binance. The country ranked second worldwide in retail trading volume in the first quarter, highlighting its substantial exposure to crypto trading. The FBI blamed the theft on TraderTraitor, a North Korean state-sponsored unit.

CCNA
Binance users withdraw $3.4 billion after record crypto heistEconomy5:46

Customers withdrew about $3.4 billion from Binance on Sunday after the platform resumed trading. Binance had halted all operations following a cyberattack that compromised more than $6 billion in digital assets.

FFrance 24 English
Binance resumes withdrawals after record crypto heistEconomy7:21

Binance says customer funds are safe and it has replenished about 95% of the assets stolen in a $6.3 billion hack. The exchange has resumed withdrawals and released a new proof-of-reserves report amid mounting scrutiny. The FBI attributes the attack to TraderTraitor, a group linked to North Korea.

DDW News
Binance crypto heist: Why stealing $6.3 billion may be easier than spending itEconomy12:52

Hackers stole $6.3 billion from Binance, the world’s largest cryptocurrency exchange, in a record theft that analysts blamed on North Korea and called potentially the biggest financial heist ever. RMIT economics professor Chris Berg says turning the stolen assets into usable cash may be much harder, explaining the rush to swap stablecoins for Bitcoin and Ethereum and the implications for investors.

CCNA