North Korean hackers pulled off the biggest cyber heist ever by duping a Binance engineer into thinking he was being recruited for a job, the crypto exchange says.
A proposed constitutional amendment, if it passes, wouldn’t immediately lower income taxes—but would cap the state income tax at 3.5%.
Binance co-CEO Richard Teng reveals Binance used dedicated reserve funds to cover the massive North Korea-linked crypto theft, with 98% of assets already replenished.
Rebounding oil flows from the Persian Gulf are sending the cost of physical cargoes around the world tumbling, hitting key grades from the Middle East to the North Sea and Africa.
The hackers posed as recruiters, convincing a Binance employee to download a fake "assignment" as part of a broader and sophisticated campaign.
US government agencies and cyber analysts have blamed Pyongyang for the record-breaking heist.
Binance posted a net outflow of $3.6 billion in cryptoassets after restoring customer withdrawals on Sunday, following the largest cyber theft in history attributed to North Korean hackers. Bloomberg's Suvashree Ghosh breaks down the latest developments. (Source: Bloomberg)
The BBC's Clive Myrie travelled to North Caroline where voters voiced their frustrations ahead of midterm elections.
The cryptocurrency exchange saw an immediate uptick in customer withdrawals, following the theft of $6.3 billion in tokens that has been linked to North Korea.
North Korean hackers converted stolen Binance assets into Ethereum, prompting the FBI to urge crypto firms to block wallet addresses tied to the $6 billion theft.
FBI sys attack was tied to an entity known as TraderTraitor.
More than $6 billion worth of cryptocurrencies were stolen from Binance, the world's biggest crypto exchange. It's the biggest cyber heist ever — and many suspect North Korea may be behind it.
The company logged higher sales in the latest quarter, as strength in international markets offset continued weakness in North America.
The incident at Binance could be the biggest theft of any kind in history. We answer some key questions North Korean group blamed for $6.3bn crypto heist Tell us: have you been affected? The world’s largest cryptocurrency exchange has been hit by a $6.3bn heist that, according to experts, is likely to be the work of North Korea . This is not the first time a crypto market has been targeted by hackers, and the rogue state has a track record of this type of theft. Here we answer some key questions about what’s happened: Continue reading...
The crypto exchange said it was compromised in what could be the biggest crypto heist ever. One research lab attributed the theft to “North Korea’s elite hacking unit.”
Two analytics firms have attributed the incident to a North Korean hacking unit called TraderTraitor.
There are unconfirmed reports North Korea is behind the massive hack.
Treasury sanctioned ten individuals and one entity tied to North Korean IT workers who allegedly used stolen identities to infiltrate U.S. companies.
Coca-Cola stock has climbed about 32% so far this year, raising the beverage company's market cap to roughly $398 billion.
