Binance says $6.3 billion stolen in biggest crypto heist in history
- On Thursday, hackers drained $6 billion in cryptocurrency from Binance, the world's largest crypto exchange, in what experts describe as the largest known theft of any kind in history.
- Binance co-CEO Richard Teng said Friday the attacker employed a "self-destruct mechanism" to hide their tracks, significantly complicating the company's investigation into the breach.
- Blockchain data firm Chainalysis linked the attack to North Korean-affiliated group TraderTraitor, which coordinated activity across 11 blockchains; industry partners froze approximately $3 billion of stolen assets.
- Coinbase CEO Brian Armstrong offered assistance to Binance, while former Binance CEO Changpeng Zhao announced token recovery has begun and crypto investor Anthony Scaramucci praised the industry's coordinated response.
- Elliptic cofounder Tom Robinson noted the theft eclipses the $1 billion stolen by Saddam Hussein from Iraq's central bank in 2003, though hackers converted about $786 million into untraceable coins before freezing.
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1159 Articles
Biggest Crypto Heist Ever? Hackers Steal $6.3 Billion From Binance, North Korean Group Under Scanner
The world's largest cryptocurrency exchange, Binance, has suffered a major cyberattack in which hackers stole approximately $6.3 billion worth of digital assets from its wallets. The incident is being described as the largest cryptocurrency theft on record. Binance confirmed
Estimated $6.3 billion stolen from Binance in the largest crypto heist ever recorded; nearly $3 billion has already been frozen
Attackers allegedly drained an estimated $6.3 billion from Binance across ten blockchains in about 20 minutes. Investigators linked the breach to North Korea's TraderTraitor hacking unit, while industry partners froze nearly $3 billion.
Binance Cryptocurrency exchange cyber attack: North Korean-linked Lazarus Group suspected in $6.3 billion heist
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.
Binance loses $6.3 billion in record crypto hack linked to North Korea
Hackers have stolen approximately $6.3 billion (€5.4 billion) from Binance, the world's largest cryptocurrency exchange, in what investigators describe as the biggest known financial theft in history. Blockchain researchers have linked the attack to North Korean hackers, while US authorities have joined efforts to trace the stolen assets. The breach occurred late on Thursday, with most of the cryptocurrency transferred from Binance-controlled wa…
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