Binance has halted all withdrawals following what it calls an estimated $6.3 billion loss, the largest crypto theft on record. The exchange says hackers compromised an engineer's laptop to withdraw funds, though it has since found additional breach points, while analysts estimate attackers converted roughly $3.3 billion into untraceable assets. Binance says it has reserved over $6.34 billion in company funds to cover the losses and is working with law enforcement.
arstechnica.com
· 2026-10-30
Binance, the world's largest cryptocurrency exchange, was reportedly the target of a $6.3 billion theft attributed to a North Korean hacking group. The breach, disclosed Friday, triggered declines in bitcoin and other major tokens as crypto markets reacted to the news.
fastcompany.com
· 2026-10-30
On October 29, attackers siphoned roughly $6.3 billion in cryptocurrency from Binance wallets spanning at least ten blockchains, with most funds taken within a 20-minute window, according to tracing firm TRM Labs. Binance suspended deposits and withdrawals and says it has helped freeze about half the stolen crypto while investigating the breach.
wired.com
· 2026-10-30
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