North Korea fires missiles as it denies role in Binance crypto theft
South Korea said North Korea fired several missiles into the Sea of Japan on Wednesday, in a fresh weapons launch from the Sondok area on the country's eastern coast. The launch came hours after Pyongyang rejected allegations that it was behind the theft of more than $6bn in crypto assets from Binance. South Korea's Joint Chiefs of Staff said it had detected the missiles and that South Korean and US authorities were analysing the details.The missile launch was the fourth such weapons test by North Korea in a month, according to the South Korean military. It followed a statement from... [Continue Reading]
360LiveNews | 04 Nov 2026 06:01 LONDON
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North Korea rebuts Binance hack allegations amid missile launch
North Korea has publicly rejected allegations that it was behind a reported $6 billion theft from the cryptocurrency platform Binance, while also carrying out a test launch of strategic cruise missiles. The denial came from Kim Yo Jong, the sister of leader Kim Jong Un, who described the FBI's claim as a grave political provocation. The missile test was reported separately as part of a new display of the country's weapons capabilities.The FBI said on Saturday that a North Korea-affiliated hacking group called TraderTraitor was responsible for the Binance theft. Kim Yo Jong dismissed the allegation as absurd rhetoric and... [Continue Reading]
360LiveNews | 03 Nov 2026 04:01 LONDON
Binance users withdraw $3.6bn after record crypto hack as services resume in phases
Binance said it processed $4.649 billion in withdrawals and $1.01 billion in deposits between 06:00 and 15:30 GMT on 1 November, leaving a net outflow of about $3.64 billion after the exchange reopened. The company said the initial spike in withdrawals later eased and that flows were stabilising as expected. It added that withdrawals of more than two dozen major cryptocurrencies, including Bitcoin and Ethereum, had resumed.The exchange said the hack affected $6.3 billion worth of digital assets and that it had covered around 95% of the stolen funds, with the remainder likely to take longer to source. Binance said... [Continue Reading]
360LiveNews | 02 Nov 2026 07:59 LONDON
