The trail leads to Pyongyang: Who is behind the Binance hack Experts from several analytical firms believe that hackers from the DPRK may be behind the attack on the largest crypto exchange, CNN reports. According to TRM Labs, Pangolin Intelligence and Chainalyse, methods of hacking and transferring stolen funds across various blockchain networks are consistent with the handwriting of North Korean groups. The total damage from the incident is estimated at about 6.3 billion dollars. Analysts called the event the biggest cryptocurrency theft in history. The damage was roughly four times the amount stolen in the February 2025 Baybitt stock market hack.

The trail leads to Pyongyang: Who is behind the Binance hack Experts from several analytical firms believe that hackers from the DPRK may be behind the attack on the largest crypto exchange, CNN reports. According to TRM Labs, Pangolin Intelligence and Chainalyse, methods of hacking and transferring stolen funds across various blockchain networks are consistent with the handwriting of North Korean groups. The total damage from the incident is estimated at about 6.3 billion dollars. Analysts called the event the biggest cryptocurrency theft in history. The damage was roughly four times the amount stolen in the February 2025 Baybitt stock market hack.