North Korea-linked TraderTraitor steals $6.3B from Binance

An attacker stole approximately $6.3 billion from the crypto exchange Binance using a compromised DevOps engineer's laptop and an Ethereum feature that authorized unauthorized contract transfers. Binance co-CEO Richard Teng stated that customer funds are unaffected and that the company will cover the loss using its own resources. Chainalysis and TRM Labs attribute the theft with high confidence to North Korea's TraderTraitor group. Open article →