Binance covers 90% of losses following $6.3bn hack linked to North Korea

Binance covers 90% of losses following $6.3bn hack linked to North Korea

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Binance has covered 90% of the losses incurred after a $6.3 billion hack. Two analytics firms have provided strong intelligence suggesting that a North Korean state-backed group is likely responsible for the cyberattack. This development highlights ongoing cybersecurity challenges in the cryptocurrency sector.

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Originally published by bbc