Attack on the world's largest cryptocurrency exchange. In the background, North Korea and nearly $7 billion.

Hackers gained control of a Binance engineer's laptop, leading to unauthorized withdrawals. The attack, attributed to the North Korean group TraderTraitor, resulted in a significant loss of $1.5 billion. Binance confirmed collaboration with law enforcement to identify the criminals. In response, major exchanges like Tether and Circle froze assets worth $2.4 billion. Bitcoin's price dropped over 4% following the incident, with other cryptocurrencies also experiencing declines. Binance has temporarily disabled withdrawals to ensure security.