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Binance says $6.3 billion stolen in biggest crypto heist in history

  • Binance said it was investigating a major security incident and assured users that their funds were safe.
  • Binance estimated that the incident affected about $6.3 billion, while approximately $3 billion had been frozen on-chain.
  • Tether and Circle said they froze about $1.6 billion in USDT and more than $800 million in USDC linked to the incident.
  • Cryptocurrency prices fell after the news, with Bitcoin and Ethereum later recovering from sharper declines while BNB rose.
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The largest exchange of cryptocurrencies in the world hit by an unprecedented cyber-attack. The investigation focuses on the TraderTraitor group, linked to Pyongyang. Meanwhile, the platform has blocked about 3 billion dollars and promised to fully reimburse customers. The article Hacker Attack at Binance: the shadow of North Korea behind the maxi-theft from 6.3 billion comes from The Truth.

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USA Today broke the news in New York, United States on Thursday, October 29, 2026.
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