"We do need some regulations. We do need to do this properly. We do need to do this in a stable way," Binance CEO Changpeng Zhao said
The cryptoassets were stolen on June 23 from Horizon Bridge, a service operated by the Harmony blockchain that allows assets to be transferred to other blockchains.
The sudden plunge in crypto values, which started in May amid a broader economic slowdown, complicates Pyongyang's ability to fund its weapons programmes
The Seoul Metropolitan Police Agency said it had launched an investigation into allegations about an employee of crypto billionaire Do Kwon's Terraform Labs
The service was used in the laundering process for North Korea’s Axie Infinity heist, processing over $20.5 million in illicit proceeds, officials said
Wormhole, a DeFi platform that said $320 million in ether tokens had been stolen by hackers, put out a notice late on Thursday to say all tokens and funds were 'safe'