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North Korea Denies Role in Record $6.3 Billion Binance Hack. North Korea has denied involvement in the record $6.3 billion Binance hack, calling American accusations absurd. Senior official Kim Yo-jong said Washington was attempting to damage Pyongyang's reputation through politically motivated allegations. The FBI, Secret Service and cyber analysts have attributed the attack to hackers working for Pyongyang. Investigators identified the state-backed TraderTraitor group and urged industry partners to block transactions involving linked accounts. Binance said initial checks suggested an engineer's compromised laptop allowed attackers to make unauthorised cryptocurrency withdrawals. Trading in major cryptocurrencies has resumed after Binance worked with token issuers to freeze affected assets. Customers withdrew more than $3.6 billion as the exchange reopened following its suspension of all transactions. Binance pledged to cover all losses, saying it had covered around 95 percent of stolen assets.
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