GoKawiilBinance hack worth $6.3B linked to North Korean hackers by blockchain firms
Blockchain intelligence firms TRM Labs and Chainalysis say the North Korean hacking unit TraderTraitor was likely responsible for an attack that moved roughly $6.3 billion out of Binance wallets across ten blockchains, much of it within about 20 minutes. Binance says it froze about $3 billion of the affected assets with partners, suspended withdrawals, and is beginning to restore funds to users while promising to cover all losses.
GoKawiil's interpretation of the reporting above, not reported fact.
If confirmed, this would mark the largest cryptocurrency theft on record, surpassing last year's $1.5 billion Bybit hack that U.S. authorities also attributed to TraderTraitor, suggesting a pattern of escalating North Korean-linked crypto heists. TRM and Chainalysis note similarities to prior North Korea-linked attacks, though Binance itself has only said it is working with law enforcement to confirm attribution, meaning the North Korea link remains an analyst assessment rather than an official finding.
- TRM Labs and Chainalysis attribute the Binance hack to North Korea's TraderTraitor unit with high confidence
- Roughly $6.3 billion moved out of Binance wallets across ten blockchains, with about $3 billion frozen so far
- Binance has suspended withdrawals, says deposits are safe, and has pledged to cover all user losses
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See Ledger Nano X Hardware Wallet on Amazon → Affiliate link — we may earn a commission on purchases, at no extra cost to you. Product picked by AI based on this article; it is not a tested recommendation.Source: npr.org — The Associated Press, 2026-10-30
Published there as: “Blockchain intelligence firms link North Korea to $6.3B hack on Binance”
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