North Korea Denies Responsibility for $6.3B Binance Hack
North Korea is questioning whether the US could benefit financially from recovering the stolen crypto through its strategic reserve.
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North Korea is questioning whether the US could benefit financially from recovering the stolen crypto through its strategic reserve.
A Democratic win would only move sentiment, one analyst argues, because crypto market rules in the US Congress are a bipartisan effort.
Large XRP outflows from Binance climbed to 80 million after withdrawals resumed.
Daily revenue for some of the platforms rose as high as 2,229% as the Binance hacker laundered part of the stolen funds through them.
Founder Nicolas Dorier says public servers running version 2.4.7 were not attacked. Meanwhile, older vulnerabilities are under investigation.
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The Binance attack added pressure to an already weakening market, and dragged the Fear and Greed Index further into fear territory.
"Please be aware of new scam patterns emerging amid the chaos," Yi He said.
Tether has blacklisted two more of the attacker's addresses, on Ethereum and Tron, freezing the USDT sitting inside them.
The hacker moving the stolen funds could create localized selling pressure while also making their recovery and attribution harder.
ZachXBT said that multiple laundering indicators give him high confidence that the North Korean threat actor Lazarus Group is not responsible.
XRP is attempting to stabilize around $1.25 after briefly slipping toward $1.20 last week, extending the decline that has been unfolding since late September. The token is now back inside a key support zone, where the buyers’ response would likely…