North Korean Hackers Laundering Record-Setting $6,400,000,000 Binance Haul via 12,000 Crypto Wallets Across 11 Chains: Elliptic
By Conor Devitt
North Korean hackers behind last week’s record-setting $6.4 billion Binance heist are laundering crypto assets through a new wallet roughly every 25 seconds, per the blockchain analytics firm Elliptic. Elliptic notes in a new analysis that the highly complex laundering process is “clearly automated,” utilizing 40,000…
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Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyBlockchain
A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.
It underpins cryptocurrencies and is tested for payments, supply tracking and record keeping.
More about BlockchainMore in Crypto
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