Binance exchange says it will cover customer losses as it scrambles to freeze affected assets, with about $3bn located so far

The world’s largest cryptocurrency exchange has been hit by a record $6.3bn (£4.7bn) hack described as the biggest heist in history, with experts identifying North Korea as the likely culprit.

Binance said it would cover all customer losses as it froze $3bn of the affected assets.

Analysts said the exchange had been subjected to an unprecedented attack with “never-seen-before” laundering patterns as the hackers made off with assets worth billions of dollars.

  • L501@lemmy.world
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    9 days ago

    I keep a decent amount of money in a few monero wallets because I am worried about the increasing level of surveillence in the US. I use monero to pay for mullvad because there are laws being written in my state which may make vpns illegal in the future as part of age assurance laws. I am not a criminal.

    • Ariselas@piefed.ca
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      9 days ago

      You sound like a person that should be looking into buying gold. The real thing not shares in gold, the kind you can hold in your hand and put in your own safe.