GoKawiilBinance Faces $3.64B in Withdrawals After $6.3B Hack Tied to North Korea
Binance, the world's largest crypto exchange, suffered what appears to be the largest crypto theft ever, with hackers making off with $6.3 billion in digital assets. Since withdrawals reopened, users have pulled a net $3.64 billion from the platform, though Binance says this represents only 2.1% of its total managed assets and that activity has since stabilized. The FBI has attributed the breach to North Korea's TraderTraitor hacking unit, and Binance says it has already replaced 90% of the stolen funds while pledging to cover all losses.