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FBI attributes Binance theft of more than $6 billion to North Korean hackers

The FBI attributed the theft of more than $6 billion in cryptocurrency from Binance to North Korea's TraderTraitor hacking group, Bloomberg reported. The agency previously blamed the same group for the Bybit hack. The attribution identifies an alleged perpetrator of the Binance theft; it is the FBI's assessment.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Lumaril raises $66 million for industrial AI software

Lumaril raised a $66 million Series A at a $400 million valuation, The Wall Street Journal reported. The company develops AI software that connects to manufacturers' existing control systems to optimize industrial production on factory floors.

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Security

Binance plans phased withdrawal restart after hack

Binance says it plans to resume withdrawals in phases starting Sunday after covering 95% of the $6.3 billion in tokens stolen in a hack, Reuters reports. The stolen tokens included BTC and ETH. The planned restart would restore withdrawal access in stages.

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