Binance says $6.3 billion stolen in biggest crypto heist in history
Blockchain analysts linked the theft to a North Korean unit as Binance said it would cover losses and froze about $3 billion in assets.
- On Friday, October 30, 2026, Binance reported a security breach affecting approximately $6.3 billion in digital assets across 10 blockchains, marking the largest cryptocurrency theft on record.
- Preliminary investigations indicate attackers compromised a DevOps engineer's laptop, subsequently utilizing Ethereum Improvement Proposal 7702 delegation to submit unauthorized withdrawals across multiple networks.
- Stablecoin issuers Tether and Circle coordinated with industry partners to freeze roughly $3 billion on-chain, significantly limiting attackers' ability to convert stolen assets into usable funds.
- Binance co-CEO Richard Teng stated the exchange will cover all losses using the Secure Asset Fund for Users , with withdrawals temporarily suspended during security checks.
- Blockchain intelligence firms TRM Labs and Chainalysis attributed the breach to North Korean hacking unit TraderTraitor with high confidence, citing similarities to prior state-sponsored attacks.
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Blockchain intelligence firms link North Korea to $6.3B hack on Binance - WXXV News 25
The Binance logo is seen on a smartphone, Feb. 28, 2023, in Marple Township, Pa. (AP Photo/Matt Slocum, File)By THE ASSOCIATED PRESS A U.S.-based blockchain intelligence firm says a North Korean unit was likely behind the hack that impacted more than $6 billion on Binance, the world’s biggest cryptocurrency exchange. Binance said it worked with blockchain partners to freeze roughly...
Biggest Crypto Heist Ever? Hackers Steal $6.3 Billion From Binance, North Korean Group Under Scanner
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Binance, the world’s largest cryptocurrency exchange, has reportedly suffered a massive cyberattack involving an estimated $6.3 billion (more than Rs 59,820 crore), in what has been described as the largest crypto heist in the history of the digital asset industry. Cybersecurity firms TRM Labs and Chainalysis have linked the suspected attack to TraderTraitor, also known as the Lazarus Group, a hacking organisation backed by North Korea. The atta…
Hackers steal US$6.3 billion in crypto from Binance in the sector’s biggest-ever heist
Hackers stole about US$6.3 billion in cryptocurrency from Binance, the world’s largest digital asset exchange, in the biggest theft in the sector’s history, which the US Secret Service is investigating with other agencies. Blockchain analytics firms point to a hacking group linked to North Korea, though there has been no official attribution.
North Korean hackers blamed for $6.3B heist from crypto firm Binance | Honolulu Star-Advertiser
Hackers stole $6.3 billion from Binance, the world’s biggest cryptocurrency exchange, in a theft that analysts blamed on North Korea in what is possibly the largest financial heist of all time.
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