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Binance, the world's biggest crypto exchange, has lost $6.3bn (£4.7bn) in what is believed to be the largest hack in history. Fingers are being pointed at a Nor…
Binance, the world's biggest crypto exchange, has lost $6.3bn (£4.7bn) in what is believed to be the largest hack in history.
Fingers are being pointed at a North Korean hacking unit and it's not the first time the regime has targeted the cryptocurrency industry.
North Korea is accused of using cyber criminals to help fund its military and nuclear program.
So did this play out and what happens now? In this video...
0:57 What is cryptocurrency and how does it work?
2:07 What is Binance?
3:15 How did the hackers carry out the attack?
4:15 Is North Korea behind the attack?
5:36 Is my money safe?
6:09 What is the impact for investors?
7:12 What does this mean for the future of crypto?
Subscribe to our channel here: https://bbc.in/bbcnews
For the latest news download the BBC News app or visit BBC.com/news
That black dude got it wrong, nobody knows my wallet, address, bitcoin, alts and funds, it’s called decentralised! Luckily I don’t use centralised exchanges like Binance.
He said it's, "kept secure, at all times through complex systems." Obviously that's a lie. You can't hack something that's secure.
If you think Israel wouldn't hack crypto and blame someone else, you don't know the history. They literally just drained $81.7 million from the Nobitex crypto exchange. June 2025 cyberattack on Nobitex Cybersecurity firms have already proven that Israel-linked units use fake digital personas like 'Predatory Sparrow' to hide state operations. They've been faking security logs since the Stuxnet worm. Blaming North Korea is just the lazy headline—the real tech playbook says otherwise
NK have a massive hacking "industry" its well known , if goverments are now showing suprise its down to incompetence. NK,s finacial hacking goes deeper than the fake job adverts its built into "tech"
The same old bbc propaganda playbook blame North Korea if that doesn’t work blame Russia if that doesn’t work blame Israel if that doesn’t work blame trump if that doesn’t work blame brexit and if that doesn’t work blame Nigel Farage. It was probably a twelve year old in his bedroom somewhere. The real question is why is a huge company like this so incompetent as to let it happen.
Blaming North Korea is the easy script. Israel holds the most elite offensive cyber apparatus on earth through Unit 8200. In high-level cyber espionage, you don't leave your own fingerprint; you fake a Lazarus signature to let a global scapegoat take the fall while you walk away with untraceable funding for off-the-books black ops. Wise up
Yadda yadda yadda. What about Russia’s now massive deployment across the entire front BBC. Things are looking bad for Ukraine and our defence gets nothing in the budget.
Biggest theft in History !!! Good lord , the biggest theft in History was stealing Venezuela oil by TRUMP , not to mention the IRAQI GOLD that was stolen by the USA... and Allies , never to be mentioned again
Binance, the world's biggest crypto exchange, has lost $6.3bn (£4.7bn) in what is believed to be the largest hack in history.
Fingers are being pointed at a North Korean hacking unit and it's not the first time the regime has targeted the cryptocurrency industry.
North Korea is accused of using cyber criminals to help fund its military and nuclear program.
So did this play out and what happens now? In this video...
0:57 What is cryptocurrency and how does it work?
2:07 What is Binance?
3:15 How did the hackers carry out the attack?
4:15 Is North Korea behind the attack?
5:36 Is my money safe?
6:09 What is the impact for investors?
7:12 What does this mean for the future of crypto?
Subscribe to our channel here: https://bbc.in/bbcnews
For the latest news download the BBC News app or visit BBC.com/news
#hacking #crypto #binance #northkorea #BBCNews
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Why is North Korea being blamed over the $6.3bn Binance hack? | BBC News
Camila Vega • 4.9K views
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