Bitcoin Heists

North Korea denies role in Binance crypto heist, criticizes FBI probe

North Korea on Tuesday denied its involvement in the recent cryptocurrency heist at Binance, dismissing as "a trite provocation" a US announcement that North Korean hackers were behind the incident. Binance, the world's biggest cryptocurrency exchange, said Friday that hackers stole more than USD 6 billion in what appears to be the largest cryptocurrency heist on record. The FBI later said the theft was orchestrated by North Korean hackers, attributing the attack to a hacking group known as TraderTraitor, which was also behind a USD 1.5 billion hack of the Bybit exchange last year. On Tuesday, Kim Yo Jong, the influential sister of North Korean leader Kim Jong Un, called the FBI announcement "a trite provocation" and "an absurd rhetoric." "This is not the first time that the US has attempted to spread misunderstanding of the DPRK in the international community, blindly linking the DPRK with the cyber crime' incidents whenever they occur on an international scale," she said in a ...

Bitcoin hack drains $320 mn from crypto network in latest security breach

Roughly 4,000 of the 4,200 Bitcoin held in a wallet used by Liquid Network were taken, the platform operator said

Hackers target Coldcard Bitcoin wallets in ongoing crypto attack

Coldcard is a brand of hardware device that allows users to secure their Bitcoin in so-called cold wallets

How Bitcoin's 'halving' can burnish its value as a scarce commodity

The halving comes after bitcoin hit an all-time high of $73,803.25 in March

Crypto rush: Bitcoin hits record above $72K as demand frenzy intensifies

Supply of bitcoin, which is limited to 21 million tokens, is set to get tighter in April, when the so-called "halving" event takes place

CBI rules out FBI presence in Karnataka to probe Bitcoin hacking case

The Bitcoin case had brought turmoil in the state last year when media reported that a hacker had hacked into the Bitcoin portal and siphoned off huge amount of money

Five cryptocurrency heists that make hack at India's Coinsecure look small

Some of the biggest heists that have happened around the world are in many multiples of Coinsecure's losses