North Korean hackers are also suspected in the theft of $620m worth of cryptocurrency in 2022, while the nation's most spectacular suspected hack took place in 2014.
North Korea has systematically developed its cyber operations by recruiting the most promising students from universities and channeling them into hacker groups overseen by the nation's intelligence agency.
The record-making heist underscores the growing power of suspected North Korean hackers and indicates that the tools of the hacking trade have grown sharper.
Investigators from TRM stated that the attacker likely gained access to Binance's hot wallet signing system as part of the scheme.
The FBI has broadly accused North Korea of illicit cybercrime and virtual asset theft activities.
Two major blockchain analytics firms identified a North Korean state-backed group as the likely culprits in the $6.3bn (£4.7bn) hack of Binance, the world's largest cryptocurrency exchange.
A Binance spokesperson said on Friday that some 80% of stolen assets have been secured, while the rest remains unaccounted for.
Two major blockchain analytics firms say they have robust intelligence pointing to a North Korean state-backed group as the likely culprits in the $6.3bn (£4.7bn) hack of Binance, the world's largest cryptocurrency exchange.
If the accusations are true, the record-making heist shows how powerful suspected North Korean hackers have become – a sign that the tools of the hacking trade have grown sharper.
Some 80% of stolen assets have been secured, a Binance spokesperson said on Friday, but the rest remains unaccounted for.