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Binance Faces $6.3B Hack, Recovers Quickly

Binance Faces $6.3B Hack, Recovers Quickly

First seen 3 Nov 2026, 11:42 UTC • •

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ThreatCluster AI
ThreatCluster •November 3, 2026 at 17:17 UTC
  • •Binance was hacked for $6.3 billion on October 29, 2026.
  • •The attack is attributed to North Korean hackers.
  • •Binance restored 100% of stolen assets within four days.

On October 29, 2026, Binance, the world's largest cryptocurrency exchange, was hacked, resulting in the theft of approximately $6.3 billion in digital assets. The attack was reportedly executed by North Korean hackers and involved unauthorized withdrawal transactions, potentially stemming from a compromised laptop of an engineer. Despite the severity of the breach, Binance managed to recover 100% of the stolen assets for its customers by November 2, 2026. The incident marks the largest crypto hack in history, but the swift recovery mitigated customer impact significantly. Investigations into the hack and the identity of the attackers are ongoing.

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Timeline

2026-10-29
Binance hacked for $6.3 billion
Unauthorized withdrawals occurred over 20 minutes, with assets stolen reportedly by North Korean hackers.
Washingtonpost
2026-11-02
Binance restores stolen assets
By this date, Binance announced it had replaced 100% of the stolen amount to customers, mitigating the impact of the breach.
Thehindu

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Common questions

How much was stolen in the hack?
Approximately $6.3 billion in digital assets was stolen from Binance.
Who is responsible for the hack?
The attack has been attributed to North Korean hackers.
How quickly did Binance recover the stolen assets?
Binance restored 100% of the stolen assets within four days after the hack.