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$6.3 billion Binance hack sends Bitcoin below $78,000

$6.3 billion Binance hack sends Bitcoin below $78,000

Binance says a hacked engineer's laptop let an attacker drain wallets; a blockchain analytics firm points to North Korean hackers.

Bitcoin fell more than 4% to a six-week low of $77,646 after a $6.3 billion breach at Binance, which may be the largest crypto theft on record.

Binance said the attack began with a hacked DevOps engineer's laptop; it froze about $3 billion and promised to cover all losses.

Analytics firm TRM Labs said the hack bears the marks of earlier thefts linked to North Korea.