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World's Largest Crypto Exchange Breached... How Did the Binance Hack Happen?


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In what marks the largest hacking incident in history, cryptocurrency worth approximately 8.4 trillion won was stolen from Binance, the world's largest virtual asset exchange.

According to the details revealed by Binance, the hackers used malicious code and other methods over the course of several months to systematically compromise the company's internal system and core privileges one by one.

While the U.S. FBI has pointed the finger at North Korea as the mastermind behind the attack, North Korea has flatly denied the allegations, calling them a political provocation.

Check out the video to see how the hackers breached Binance's systems and what impact this incident might have on North Korea-U.S. relations.

Reported by So Hwan-uk | Edited by Yoon Ye-ran | Designed by Cho Eun-sol | Produced by SBS Digital News (Knowledge Content IP Department)

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