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BackFILE: THE BIGGEST CRYPTO THEFT OF THE DIGITAL AGE
FILE: THE BIGGEST CRYPTO THEFT OF THE DIGITAL AGE
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AA Güncel13 minutes agoTech1 min readTürkiyeView original

FILE: THE BIGGEST CRYPTO THEFT OF THE DIGITAL AGE

It was stated that the cyber attack worth approximately 6.3 billion dollars against Binance was planned with fake job interviews and artificial intelligence tools.

Quick Look

  • It was stated that the $6.3 billion cyber attack against Binance was carried out with months of planning using artificial intelligence, social engineering and malware.
  • The FBI linked the attack to North Korea-linked TraderTraitor.

AI-generated summary

Why It Matters

It is stated that North Korea uses cryptocurrency thefts to bypass sanctions and finance its weapons programs.

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It was stated that the cyber attack worth approximately 6.3 billion dollars against Binance was planned for months using fake job interviews, social engineering, malware and artificial intelligence tools, and the attackers stole 233.46 million XRP in the first 4 minutes with the powers they obtained.

Experts emphasized that the attack is a multi-stage operation and that even experienced engineers can fall into the social engineering trap, and pointed out that cryptocurrency platforms should implement transfer limits, hot wallet restrictions and additional security mechanisms.

Experts say North Korea may be behind the $6.3 billion cyber attack on Binance

While it was claimed that North Korea was behind the cyber attack worth approximately 6.3 billion dollars against Binance, the US Federal Bureau of Investigation (FBI) associated the attack with the organization called TraderTraitor. North Korea denied the accusations and accused the United States of being behind the attack.

Experts stated that the attack may be linked to state-sponsored cyber operations, and that North Korea uses cryptocurrency thefts to bypass sanctions and finance its weapons programs. He pointed out that modern cyber attacks involve comprehensive intelligence and planning processes, and that the line between state-sponsored operations and cyber crimes aimed at financial gain is becoming increasingly blurred.

Open Questions

  • How much of the stolen funds were recovered?
  • How exactly did the artificial intelligence tools used in the attack function?

Related Topics

This article was originally published by AA Güncel.

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