Binance says $6.3 billion stolen in biggest crypto heist in history
- On Thursday, October 29, 2026, hackers drained roughly $6.3 billion from Binance across 10 blockchains in about 20 minutes, prompting the exchange to suspend all deposits and withdrawals.
- Investigations indicate a compromised DevOps engineer's laptop granted attackers access to signing infrastructure; blockchain firms TRM Labs and Chainalysis attributed the exploit to North Korean hacking group TraderTraitor.
- Stablecoin issuers Tether and Circle froze approximately $2.7 billion in affected assets, while Binance pledged to cover all customer losses using its Secure Asset Fund for Users.
- Bitcoin fell over 3% to $76,368, Ether declined 3.2% to $2,178, and BNB dropped sharply as markets reacted to the security incident.
- Binance continues working with law enforcement to recover assets and complete a security overhaul, while the incident serves as a stress test for industry-wide cross-chain security coordination.
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FBI blames North Korea for record-breaking Binance hack
New York: The theft of billions of dollars from Binance within a matter of minutes, the biggest crypto heist in history, was orchestrated by North Korean hackers, the FBI has said. The bureau said in a statement on Saturday, October 31, that this week’s attack was tied to “malicious cyber activity” by an entity known … Get the latest updates in Hyderabad City News, Technology, Entertainment, Sports, Politics and Top Stories on WhatsApp & Telegra…
More than six billion dollars were stolen from the largest crypto exchange in the world in a short period of time
The hacker attack on the world's largest digital currency exchange Binance has caused uproar among investors and stock market representatives. As the company explained, cryptocurrencies worth $6.3 billion have been stolen, some of which are still being wrestled. An overview of the course of the probably largest crypto hacker attack in history and how investors can protect themselves.
The Binance cryptocurrency platform promised Friday that it will cover all of its customers' losses after a "complex" cyber attack that affected funds for about $6.3 billion, of which almost half are frozen to prevent massive theft.
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