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Investors pull billions in funds from Binance after record $6.3bn hack

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Cryptocurrency exchange has begun to allow withdrawals after theft believed to have come from North KoreaInvestors have pulled $3.6bn (£2.7bn) in funds from the cryptocurrency exchange Binance as it recovers from a record hack in which billions were stolen from customer accounts. The platform was hit by a $6.3bn theft on Thursday, which has since been described as the biggest heist in history. Experts identified North Korea as the probable culprit.

Cryptocurrency exchange has begun to allow withdrawals after theft believed to have come from North Korea

Investors have pulled $3.6bn (£2.7bn) in funds from the cryptocurrency exchange Binance as it recovers from a record hack in which billions were stolen from customer accounts.

The platform was hit by a $6.3bn theft on Thursday, which has since been described as the biggest heist in history. Experts identified North Korea as the probable culprit.

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Binance (ORG) North KoreaInvestors (LOCATION) North Korea (LOCATION)
Originally published by The Guardian UK Read original →