Binance Pledges to Cover $6.34 Billion Hack as Trump Weighs North Korea Link
12 Articles
12 Articles
Donald Trump said Friday that the United States is trying to determine whether North Korean hackers are behind the widespread cyber attack on the Binance cryptocurrency trading platform.
Donald Trump confirmed that the U.S. investigates whether North Korean hackers are behind the $6.3 billion theft from Binance.
Trump's words took place shortly after the blockchain intelligence companies TRM Labs and Chainalysis revealed that the TraderTraitor group, linked to North Korea, would be behind the cyberattack against Binance.
Binance pledges to cover $6.34 billion hack as Trump weighs North Korea link
WASHINGTON — Cryptocurrency exchange Binance has pledged to cover all user losses following a major security breach involving more than $6 billion, as US President Donald Trump said Washington had yet to determine whether North Korean hackers were responsible for the attack.Speaking to reporters in the Oval Office on Friday, Trump said US authorities were examining claims linking the breach to a North Korean hacking group.“We don’t know. We’re l…
President Donald Trump said this Friday that. “We’re investigating it,” Trump told reporters in the Oval Office when he was asked if it should be attributed to a group of hackers from North Korea. “It was a hack,” he added. Binance promised Friday that it will cover the totality of his customers’ losses later ... Continue reading “Trump confirms that the US investigates cyberattack on Binance and evaluates North Korean track”
US President Donald Trump stated that they do not yet know whether North Korean hackers were behind the cyberattack on the cryptocurrency exchange Binance and that they are investigating the incident. When asked about the possibility of recovering the stolen funds, Trump said that Binance has guaranteed they will return the money, adding that he believes it's always somewhat dangerous when people can't see the money in digital systems, but they …
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