Bitcoin rattled by biggest crypto heist in history! Why Warren Buffett and Charlie Munger hated cryptocurrency

What happened: A reported $6 billion crypto heist at Binance rattled investors and revived concerns about cryptocurrency risks. Binance said its initial investigation pointed to a compromised DevOps engineer's laptop, which may have enabled unauthorised withdrawals. Key numbers: $6 billion reported heist. Why it matters: The FBI blamed North Korea for the attack, while Binance said it would cover the losses. The incident renewed scrutiny of crypto risks and drew attention to past criticism from Warren Buffett and Charlie Munger.

A reported $6 billion crypto heist at Binance rattled investors and revived concerns about cryptocurrency risks. Binance said its initial investigation pointed to a compromised DevOps engineer's laptop, which may have enabled unauthorised withdrawals.

The FBI blamed North Korea for the attack, while Binance said it would cover the losses. The incident renewed scrutiny of crypto risks and drew attention to past criticism from Warren Buffett and Charlie Munger.