Biggest hack in history: Cryptocurrency giant Binance loses $6.3 billion

The brief

Cryptocurrency exchange giant Binance has been targeted by a record-breaking $6.3 billion cyber heist, with blockchain intelligence firms linking the attack to North Korea. By Thursday night in the US, a coordinated effort by major crypto platforms successfully froze roughly $3 billion of the stolen assets during a high-stakes race to track and secure the digital funds.