Beejorn.crypto

🚨BREAKING: FBI officially confirms North Korea was behind the $6.3 BILLION attack on Binance. The FBI says North Korea was responsible for stealing more than $6 BILLION in crypto from Binance on or around October 29. It blames the same hacking group it calls TraderTraitor, which it also tied to the $1.5 BILLION Bybit hack. The FBI is urging exchanges and DeFi services to block the hackers' addresses as they try to launder the funds. Binance says its users won't pay for the theft, and it has already covered 90% of the losses ahead of reopening withdrawals on Sunday.

🚨LATEST: Binance hackers are using NEVER SEEN BEFORE laundering patterns as stolen funds are being rapidly circulated through thousands of transactions, per Chainalysis. Instead of moving funds along a straightforward trail, the attackers repeatedly send them between wallets, including back to addresses used earlier. The speed and repeated patterns suggest automation designed to obscure the money trail. Binance’s Richard Teng says the attackers used a “self-destruct mechanism” to destroy tools and traces during the intrusion. Early findings from Elliptic showed almost NONE of the stolen funds had reached mixers, bridges or exchanges, making the unusual wallet movements particularly striking. They also rushed to swap freezeable stablecoins into assets such as ETH and move funds between addresses before blacklists could catch up. These efforts were only partly successful. The tactics complicate tracing and recovery, but they do not make the stolen funds invisible.

🚨BREAKING: MSCI officially moves to remove Michael Saylor’s Strategy from its global indexes, starting November 30. MSCI will now treat companies like Strategy as “non-operating” and ineligible for its indexes. Strategy is on MSCI’s list of potential deletions, alongside Bitcoin treasury firm Metaplanet. The final list is due on November 11. JPMorgan previously estimated Strategy could face about $2.8 BILLION of selling if dropped from MSCI indexes.