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

Binance said the attack may have started with a compromised engineer laptop as Tether and Circle froze more than $2.3 billion in linked assets.

  • On October 29, 2026, Binance reported a security breach affecting roughly $6.3 billion in digital assets, prompting the exchange to suspend deposits and withdrawals while investigating the incident.
  • Preliminary investigations suggest attackers compromised a DevOps engineer's laptop, granting access to service containers and enabling unauthorized withdrawal transactions, according to Binance's security team.
  • Stablecoin issuers Tether and Circle intervened by freezing approximately $3 billion in stolen assets across multiple blockchains, preventing further unauthorized fund movement.
  • Cryptocurrency markets retreated as Bitcoin and Ether hit multiweek lows, though Binance Co-CEO Richard Teng reassured users that the exchange would cover all losses using company reserves.
  • Blockchain analytics firms TRM Labs and Chainalysis attributed the breach to TraderTraitor, a North Korea-linked hacking unit, noting the theft eclipses previous record-setting cyberattacks.
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Center

(LPL) – Binance, the world’s largest cryptocurrency exchange platform, suspended withdrawals after hackers broke into their digital wallets and stole $6 billion in what appears to be the biggest cryptocurrency theft in history. Binance declared Thursday night that his initial investigation [...]

Lean Left

Hackers have hit the world's largest cryptocurrency exchange. An elite group linked to Kim Jong-un's regime is suspected of attacking Binance. "North Korea needs money. It's focused on illegal activities," commented political scientist Nicolas Levi in an interview with tvn24.pl.

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