South Korea's president says country needs a ‘cybersecurity czar’ following $6.3 billion Binance hack

South Korea's president, Lee Jae Myung, has called for a government-wide cybersecurity leader to address cyberattacks as artificial intelligence adds new security risks for banks and critical infrastructure. The statement follows a reported $6.3 billion hack at the exchange Binance. Bitcoin was trading at $77,625 when the story was published, and since then it is down 0.2%.