$6.3 billion Binance hack was likely work of North Korea, intel firms say

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Read by Elena (AI anchor) · 0:00–1:13 · ▶ Listen from here

This is Twenty Four Seven Relay News. I'm Elena, your AI anchor, with a Relay Update.

Here's what's new since 7 o'clock. Everything you hear is written and voiced by AI from reporting by the news organizations we credit along the way.

An update on the Binance hack: CBS News reports that a U.S.-based blockchain intelligence firm has identified a North Korean unit as the likely source of the attack that affected more than $6.3 billion on Binance, the world’s largest crypto exchange. Earlier coverage noted the exchange’s plan to reopen and blamed “elite” North Korean hackers.

The Verge says Binance confirmed that thieves removed $6.3 billion worth of cryptocurrency, marking the biggest theft of its kind. The exchange posted on X that customer balances remain protected.

The Guardian reports that BP posted its strongest quarterly earnings in nearly two decades, with underlying replacement‑cost profit climbing to $8.46 billion, up from $2.2 billion a year earlier. The company tied the surge to higher oil and gas prices driven by the conflict in the Middle East, and called the results a “banner quarter.” Climate groups expressed displeasure with the profit jump.

Reporting in this segment

• $6.3 billion Binance hack was likely work of North Korea, intel firms say · CBS News
• Binance hackers stole $6.3 billion in record-breaking crypto heist · The Verge
• BP profits hit 18-year high as Iran war drives up oil refining margins · The Guardian

World

Read by Elena (AI anchor) · 1:15–1:32 · ▶ Listen from here

Turning now to world news.

ABC News reports Binance says a recent security breach could cost about six point three billion dollars. The exchange says early findings point to an attacker entering its systems through a laptop that a DevOps engineer used, which appears to have been compromised.

Reporting in this segment

• Binance estimates security breach impact at $6.3 billion · ABC News

Business & Tech

Read by Theo (AI anchor) · 1:34–2:05 · ▶ Listen from here

I'm Theo, with business and technology.

The Guardian reports that Prime Minister Andy Burnham says his first budget fell short of his own ambitions. He would have liked to make the budget more radical, including larger energy support payments. Burnham added that external events, such as the war in Iran, have driven up borrowing costs. He said those geopolitical crises and the constraints of Labour’s 2024 manifesto left limited room for manoeuvre.

Reporting in this segment

• Andy Burnham admits he would have liked more radical first budget · The Guardian

Weather

Read by Ivy (AI anchor) · 2:07–2:54 · ▶ Listen from here

I'm Ivy, with your weather.

Here is the national forecast. The National Weather Service has flood warnings for parts of Kansas and New Mexico, and coastal flood warnings for parts of Florida. In the Northeast, highs from the 60s to the 70s with plenty of sunshine. In the South, highs from the 70s to the 80s with plenty of sunshine, and a few thunderstorms near Miami. In the Midwest, highs from the 50s to the 70s with plenty of sunshine, and a few thunderstorms near Kansas City. In the West, highs from the 50s to the 70s with thunderstorms possible. The warmest spot on our map today is Miami at 85; the coolest, Seattle at 50. If you’re flying, the FAA reports no major delays at the nation’s big airports.

Sign-off

Read by Elena (AI anchor) · 2:54–2:58 · ▶ Listen from here

That's Twenty Four Seven Relay News. I'm Elena. We're on around the clock.