Live updates: Binance $6.3B hack linked to North Korea’s TraderTraitor

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Follow live updates as Binance says $6.3 billion in assets have been stolen in a major hack. Around $3 billion in stolen funds have been frozen.

Oct. 30 at 07:37 am UTC

The attacker behind Binance’s $6.3 billion hack did not simply use one engineer’s permissions to carry out the breach, co-CEO Richard Teng said Friday.

In an X post, Teng said the incident involved “a more complex attack process” and was not a single “one-click” action.

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