North Korean group blamed for $6.3bn Binance hack in biggest ever crypto heist
Published
What's this about?
Cryptocurrency exchange scrambles to freeze affected assets, with about $3bn located so far, and says it will cover losses Q&A: How big a deal is the $6.3bn crypto heist? Tell us: have you been affected by the Binance hack? Business live – latest updates The world’s largest cryptocurrency exchange h
The one-panel cartoon
Read the cartoon's script
A high-security digital currency vault with banks of computer monitors displaying cryptocurrency values, with a North Korean flag and a laptop showing a hacking interface suddenly appearing in the background.
Caption: Looks like our 'security experts' were just out-hacked by a nation state.
Read the full 3-panel strip
Based on the original story on theguardian.com.
Editor's note
This massive hack underscores the need for robust security measures in the cryptocurrency world, as the stakes get higher with each incident. It's a wake-up call for both users and platforms to stay vigilant and invest in advanced protective technologies to safeguard digital assets.
Rate this comic
Read the script
Panel 1
(a) What the subject of this story actually is and does: Binance is the world's largest cryptocurrency exchange, where people buy, sell, and store their digital assets. It's a highly secure platform that prides itself on safety and trust. (b) The ONE real irony or absurdity in the news: A highly secure platform that prides itself on safety and trust is compromised by a relatively small and secretive group from North Korea, highlighting the irony that such a sophisticated system can be undermined by a seemingly incongruous threat. (c) The single funniest observation that becomes the highlight: The irony that the world's largest crypto exchange is hacked by a group that is likely more known for its missile tests than for its cybersecurity skills. ---
Panel 2
*Inside a high-tech Binance server room. Rows of humming servers, with screens displaying complex code and blinking lights. A few employees in hoodies are nervously monitoring the screens.* Employee 1 (frustrated) Employee 2 (shaking head) ---
Employee 1: This is impossible! How did they get in?
Employee 2: It’s like North Korea’s doing a missile test and a crypto hack at the same time.
Panel 3
*In a conference room. Binance executives, looking grim, huddle around a large table covered with maps and diagrams. A large screen behind them displays a world map with North Korea highlighted.* CEO (deadpan) Advisor (sarcastically) ---
CEO: We’ve been hacked by the same folks who specialize in... missiles?
Advisor: Yes, they must have taken a coding class on the side.
Panel 4
*Back in the server room. The same employees are now staring at a screen showing a North Korean missile launch on one side and a hacker’s code on the other, both side by side.* Employee 1 (dumbfounded) Employee 2 (deadpan)
Employee 1: So, this is where the crypto meets the missile?
Employee 2: Welcome to the new frontier of international tech warfare.
Comments