Binance suffers record hack: what Thai users should know
The first wave drained Binance's hot wallets in about 20 minutes. Crypto tracers point to North Korean hackers, and Binance TH says Thai customers' assets are safe.
Company
The company behind Binance TH, a Thai-licensed crypto exchange set up by Gulf Innova, part of the Gulf group, and Binance Capital Management, and supervised by Thailand's SEC.
The first wave drained Binance's hot wallets in about 20 minutes. Crypto tracers point to North Korean hackers, and Binance TH says Thai customers' assets are safe.
You can't stop hackers breaking into an exchange, but you can make your own account safer, with an authenticator app, an anti-phishing code, a withdrawal whitelist and the Bank of Thailand's app rules.