Why is North Korea being blamed over the $6.3bn Binance hack? | BBC News

Video: BBC News YouTube · YouTube

Binance, the world's biggest crypto exchange, has lost $6.3bn (£4.7bn) in what is believed to be the largest hack in history. Fingers are being pointed at a North Korean hacking unit and it's not the first time the regime has targeted the cryptocurrency industry. North Korea is accused of using cyber criminals to help fund its military and nuclear program. So did this play out and what happens now? In this video... 0:57 What is cryptocurrency and how does it work? 2:07 What is Binance? 3:15 How did the hackers carry out the attack? 4:15 Is North Korea behind the attack? 5:36 Is my money safe?…

This story comes from BBC News YouTube's feed; the full article and all rights belong to the source.