Exchanges

Binance sets aside $6.34 billion as analysts tie record hack to North Korea

A day after the largest theft in crypto’s history, Binance says it has ring-fenced more than $6.34 billion of its own money to restore customer balances, while two U.S. analytics firms name North Korea’s TraderTraitor unit as the likely culprit. Withdrawals stay shut, and the questions have moved from how much was taken to who pays and what rules change.