Binance hack appears to be the work of North Korea - reports

[Binary Data Stream (Blue)] DKosig/iStock via Getty Images The theft of $6.3B of assets from Binance, constituting the world's largest crypto hack, was conducted by a North Korean cybercrime group, according to two crypto analysis firms' assessment on Friday. Binance also provided a further update on the amount it reserved for the attack. TRM Labs and Chainalysis traced the theft to TraderTraitor, a North Korean cybercrime group that has repeatedly targeted the cryptocurrency industry, DeFi protocols, and investors to raise funds for the North Korean regime. "We make this judgment with high confidence," TRM said in its assessment. "TRM is tracking the funds and alerting partners through the Beacon Network." Tether (USDT-USD [https://seekingalpha.