Crypto ‘scammers on overdrive’ as Binance customers pull billions from accounts after $6.3bn hack – business live
The Guardian Business's headline. Reported by The Guardian Business.
What The Guardian Business reported
Rolling coverage of the latest economic and financial news And in case you missed it: rival trading platform Chainalysis said on Friday it had also been the target of a cyber attack, although it found no evidence of unauthorised access to “investigation content, authentication credentials, or sessio
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Crypto ‘scammers on overdrive’ as Binance customers pull billions from accounts after $6.3bn hack – business live. Rolling coverage of the latest economic and financial news And in case you missed it: rival trading platform Chainalysis said on Friday it had also been the target of a cyber attack, although it found no evidence of unauthorised access to “investigation content, authentication credentials, or sessio Covered by 1 publications. The Guardian Business: Crypto ‘scammers on overdrive’ as Binance customers pull billions from accounts after $6.3bn hack – business live.
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- The Guardian Business United Kingdom Crypto ‘scammers on overdrive’ as Binance customers pull billions from accounts after $6.3bn hack – business live Rolling coverage of the latest economic and financial news And in case you missed it: rival trading platform Chainalysis said on Friday it had also been the target of a cyber attack, although it found no evidence of unauthorised access to “investigation content, authentication credentials, or sessio 3 h ago · Tier 1
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More from Business
Binance Details $3.6 Billion in Net Outflows
According to CNBC World, Binance recorded $3.64 billion in net outflows after resuming withdrawals following a $6.3 billion hack, representing 2.1% of its total assets. Bloomberg Markets reported a net outflow of $3.6 billion in cryptoassets after customer withdrawals were restored on Sunday, following what it described as the largest cyber theft in history, attributed to North Korean hackers. The two outlets differ on the outflow figure, with CNBC giving $3.64 billion and Bloomberg rounding to $3.6 billion. The sources do not give a date for the hack or the withdrawal restoration beyond Sunday. Summary from 2 sources
Sources differ: CNBC World gives the net outflow as $3.64 billion, while Bloomberg Markets gives $3.6 billion.
Summary from 2 sources Bloomberg Markets first also CNBC World
Binance users withdraw billions after record crypto hack
The exchange froze transactions in the wake of the incident, which impacted $6.3bn worth of digital assets. Excerpt, BBC Technology
Source BBC Technology also BBC News, France 24, The Independent, MyJoyOnline
Binance says 90% of losses from $6.3bn hack covered as FBI says North Korea behind attack
According to The Guardian, cryptocurrency exchange Binance says it has replaced 90% of the amount stolen in a record $6.3bn hack of its platform. The Guardian reported that Binance expects withdrawals to resume on Sunday. The FBI has identified the group behind the hack as North Korean state-sponsored group TraderTraitor, according to the same reporting. The three Guardian editions surveyed (UK, World and Business) carry the same core account, with the Business edition describing withdrawals as starting to resume. The sources supplied do not include further detail on the hack's mechanics or the wider impact. Summary from 3 sources
Sources differ: The Guardian Business edition says withdrawals are starting to resume on Sunday, while the UK and World editions say they are expected to resume.
Summary from 3 sources The Guardian Business first