[Binance Faces $6.3 billion Cyberattack – North Korean Tribe Targeted]
Binance, the world’s largest cryptocurrency exchange, has been targeted in a $6.3 billion (£4.7 billion) breach.
Approximately half of the victim’s assets have been frozen, while many remain in the possession of the alleged attackers.
Two independent analytics firms have identified a North Korean hacking unit as the probable perpetrator, though no party has formally claimed responsibility; Binance has declined to comment on a direct link to North Korea.
BBC business reporter Archana Shukla provides an overview of the current situation.
Live updates on the ongoing investigation are available.