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North Korea’s cyber warfare unit, established in the late 1990s and expanded after Kim Jong Un took power, was behind the $6.3 billion Binance heist, according to a Reuters video published November 6, 2026 and cited by Wu Blockchain. The report ties the exchange’s losses to a state-run hacking apparatus that has grown into a world-class force. The scale of the Binance incident makes it a defining test of exchange security and of how the industry attributes and recovers stolen funds. Watch for follow-up forensic attribution, any recovery or reimbursement plans for affected users, and whether other exchanges tighten custody and key management in response.

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Binance, North Korea, Kim Jong Un, Reuters, Wu Blockchain