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North Korea denies Binance hack as exchange resumes withdrawals

thehindu.com [$] — November 3, 2026 at 06:01 AM UTC

North Korea dismissed US allegations that it was behind a $6 billion cryptocurrency heist on Binance, calling them "absurd rhetoric" and evidence of Washington's continued hostility, state media reported Tuesday. Kim Yo Jong, sister of leader Kim Jong Un, rejected the FBI's claim that North Korean hackers stole over $6 billion from the exchange, calling it a "grave political provocation" that misleads international opinion. The denial came as Binance reopened withdrawals after covering most stolen assets. Cybersecurity experts say North Korean hackers are prolific crypto thieves, with proceeds funding weapons programmes. Analysts noted Pyongyang's swift response likely reflected concern over potential US measures targeting crypto revenue streams, which are crucial for regime maintenance.

With a significance score of 2.7, this news ranks in the top 14% of today's 32537 analyzed articles.

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[4.9]

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[4.9]

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[4.8]

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[4.8]

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[4.7]

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[4.7]

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[4.7]

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[4.4]

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[4.3]

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[4.3]

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[4.3]

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[4.2]

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[4.2]

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[4.2]

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[4.1]

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[4.1]

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[4.0]

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[4.0]

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[4.0]

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[3.9]

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[3.9]

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[3.8]

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[3.8]

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[3.8]

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[3.7]

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[3.7]

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[3.7]

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[3.7]

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[3.7]

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[3.7]

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[3.6]

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[3.5]

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[3.3]

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[3.3]

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[3.3]

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[3.3]

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[3.2]

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[3.1]

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[3.1]

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[3.1]

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[3.1]

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[3.1]

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[3.0]

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[3.0]

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[3.0]

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[3.0]

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[3.0]

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[3.0]

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[3.0]

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[3.0]

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[2.9]

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[2.9]

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[2.9]

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[2.9]

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[2.8]

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[2.8]

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[2.7]

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[2.7]

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[2.7]

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[2.7]

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[2.6]

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[2.6]

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[2.6]

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[2.6]

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[2.2]

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[2.2]

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[2.2]

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[2.1]

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[2.0]

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[1.9]

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[1.5]

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