'Elite North Korean hackers' blamed for $6.3B Binance hack

>Estimated total impact: ~$6.3B, with ~$3B frozen on-chain so far, in coordination with our blockchain partners

I always find it amusing to read this. Why would you even bother with a decentralized currency that can move freely across the globe when some centralized institutions can always interfere in the way legacy banks used to do with your money? Either they are misguiding you about the core value of their product or their ability to execute traditional interventions in cases of theft. You can't have the conveniences of both at the same time.

Their haul is over 20% of North Korea’s GDP.

Discussion: https://news.ycombinator.com/item?id=50296470

Trump's buddies are stealing from Americans too now?

Who would have thought