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Binance Hacked for $6.3B on Oct. 29 by North Korean Group, FBI Says

According to FBI attribution, hackers linked to North Korea's TraderTraitor unit stole approximately $6.3 billion from Binance's hot wallets on October 29, marking the largest crypto theft on record. The breach entry point traced to a compromised employee laptop, highlighting centralized systems' vulnerability. Binance replenished around 90% of stolen assets within days, and stablecoin issuers froze over $2.4 billion of the stolen funds. The incident underscores how security risks concentrate at
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