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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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U.S. investigators claim to have identified, behind this unprecedented flight, a group of North Korean hackers known as TraderTraitor.

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