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#TraderTraitor

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DOJ Disrupts North Korean Fake-Call Cryptocurrency Theft Scheme
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DOJ Disrupts North Korean Fake-Call Cryptocurrency Theft Scheme

Key Highlights FaceStealer attackers use realistic fake video-conferencing platforms to install malware on targets’ computers. The campaign can lead to cryptocurrency theft, account hijacking, stolen communications and software supply-chain attacks. The DOJ separately authorized action involving more than $1.2 billion in assets linked to a Binance theft attributed to North Korean activity. How the FaceStealer ...

Eight Days After the Binance Breach, $124 Million in Bitcoin Is on the Move
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Eight Days After the Binance Breach, $124 Million in Bitcoin Is on the Move

Key Highlights: Stablecoin issuers and authorities successfully froze or seized $2.85 billion—roughly 44.3% of the total $6.43 billion stolen from Binance—shortly after the October 29 breach. Blockchain analytics firm Elliptic confirmed that the perpetrators, attributed by the FBI to North Korea’s TraderTraitor group, are patiently routing funds across Tron, Solana, XRP, and THORChain bridges into ...

Binance Hackers Reportedly Infiltrated Network for Eight Weeks Before $6.3 Billion Theft
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Binance Hackers Reportedly Infiltrated Network for Eight Weeks Before $6.3 Billion Theft

Key Highlights: Binance experienced a sophisticated multi-chain cyberattack orchestrated by North Korean state-sponsored threat group TraderTraitor, executed primarily in a 20-minute window on October 29, 2026. The breach bypassed private key compromise entirely, leveraging social engineering schemes—such as fake job interviews and tampered developer tools—dating back to at least June 2026. Binance committed around $6.34 ...

THORChain Restarts Most Swaps as 14 Nodes Await Upgrade
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THORChain Restarts Most Swaps as 14 Nodes Await Upgrade

Key Highlights: THORChain has resumed Bitcoin, Ether, and Tron swaps following an emergency pause triggered by an Ethereum block reorganization on October 31. Trading for Cosmos Hub and Solana remains restricted, with network operators actively deploying patch version 3.21.1 to resolve lingering swap performance issues. The protocol’s recovery coincides with an FBI warning urging infrastructure ...

North Korean Leader’s Sister Denies Involvement in $6.4 Billion Binance Hack
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North Korean Leader’s Sister Denies Involvement in $6.4 Billion Binance Hack

Key Highlights: The FBI attributed a massive $6.4 billion cryptocurrency cyberattack to TraderTraitor, an outfit tied to North Korea’s Lazarus Group, while U.S. President Donald Trump noted investigators are still examining direct links. Binance revealed the breach originated from a compromised DevOps engineer’s laptop, leading to unauthorized withdrawals across ten blockchains, though cold storage private ...

North Korea Denies Involvement in $6.3B Binance Hack, Blames US
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North Korea Denies Involvement in $6.3B Binance Hack, Blames US

Key Highlights: North Korea has officially denied responsibility for major cryptocurrency breaches, including allegations involving Binance and the $1.5 billion Bybit hack. Kim characterized Washington’s accusations as political provocation and suggested without evidence that the United States could be behind the incident. Independent blockchain intelligence firms, including TRM Labs, Chainalysis, and ZachXBT, have linked the ...

North Korea Issues Official Statement on Binance Hack
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North Korea Issues Official Statement on Binance Hack

Key Highlights The FBI formally attributed the massive cryptocurrency exploit on Binance to North Korean state-sponsored threat actors. Investigators identified the hacker group known as TraderTraitor as the primary perpetrator behind the theft of over $6 billion in digital assets. Federal authorities and blockchain analytics firms revealed the attackers converted stolen funds into Ethereum (ETH) ...

Bitcoin Eases to $77,900 as Binance Users Pull $3.6 Billion After Withdrawals Reopen
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Bitcoin Eases to $77,900 as Binance Users Pull $3.6 Billion After Withdrawals Reopen

Key Highlights: Binance resumed phased withdrawals after a $6.3 billion cyberattack attributed by the FBI to North Korea’s TraderTraitor, recording $3.64 billion in net outflows while covering 95% of stolen assets. Bitcoin traded near $77,900 amid $643 million in U.S. spot ETF outflows on Friday, while crypto derivatives markets saw a 56% volume surge characterized ...

No Proof AI Was Used by North Korean Hackers to Move Stolen Binance Funds
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No Proof AI Was Used by North Korean Hackers to Move Stolen Binance Funds

Key Highlights The FBI identified North Korea’s TraderTraitor cyber syndicate as the group responsible for the massive October 29 cryptocurrency heist. Blockchain analytics firm Elliptic reports that while $2.85 billion (44%) of the stolen funds has been frozen or seized, the attackers still hold roughly $3.28 billion across more than 950 digital wallets. Investigators found ...

THORChain Pauses Swaps Following Block Reorg Bug to Thwart Binance Hackers
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THORChain Pauses Swaps Following Block Reorg Bug to Thwart Binance Hackers

Key Highlights: THORChain node operators halted cross-chain swaps across 10 major networks, including Bitcoin, Ethereum, Solana, and Tron, to address a critical vulnerability related to external blockchain reorganizations. Blockchain analytics firm Chainalysis confirmed that the emergency halt unintentionally obstructed North Korean cybercriminals from laundering assets stolen during the recent $6.3 billion Binance exploit. The shutdown ...

Binance Wallets See $2.5 Billion in Outflows as Withdrawals Resume Post-Hack
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Binance Wallets See $2.5 Billion in Outflows as Withdrawals Resume Post-Hack

Key Highlights Binance has initiated a phased restoration of withdrawals across 15 blockchain networks following an October 29 cyberattack tied by the FBI to North Korea’s TraderTraitor group. Co-founder Yi He confirmed that transaction processing is largely stable, though heavy user demand may cause brief periods of network congestion. Binance has replenished approximately 95% of ...