How Hackers Stole $6.3 Billion From Binance in Minutes

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AI Fusion Summary

Hackers stole between $6 billion and $6.3 billion from Binance digital wallets in the largest financial heist on record. Blockchain observers attribute the record-breaking theft to North Korea, noting that an Ethereum upgrade assisted an attacker-controlled contract in draining the funds within minutes. Following the incident, the world's largest cryptocurrency exchange suspended all withdrawals. This massive security breach represents a significant loss of crypto assets from the platform's wallets in a very short timeframe.
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