The largest attack on cryptocurrency exchanges. "We don't know how to protect ourselves from this"

Binance, the world's largest cryptocurrency exchange, reported a massive hacking incident involving assets worth nearly $6.5 billion, attributed to a North Korean hacker group called Trader Traitor. Expert Krzysztof Piech described it as the largest attack on centralized cryptocurrency exchanges in history, questioning how a single compromised laptop could lead to such a breach. While Binance has not confirmed the attackers, links to North Korea suggest involvement of state-sponsored groups seeking funds amid sanctions. Withdrawals have been suspended, but Binance pledged to cover losses, with Piech expressing confidence in their ability to do so. Bitcoin's price dropped slightly, indicating a calm market response, though Piech warned of future threats from hackers utilizing advanced AI tools.