10 Hrs
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N Korean AI Crypto Heists
Reports have accused the North Korean state-backed hacker group “TraderTraitor” of breaching the Binance platform and stealing $6.36 billion worth of cryptocurrency in 20 minutes by compromising a company engineer’s laptop. The group, which has around 12 members, uses artificial intelligence and social engineering to target companies and their employees, and has been blamed for 89% of digital-hacking losses so far this year. Experts estimate that proceeds from the recent Binance and Bybit heists fund roughly half of North Korea’s prohibited weapons programs, while also supporting military activities and drone development.
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