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- •Hackers stole $6.3 billion from Binance, the largest crypto theft ever recorded.
- •The breach was linked to North Korean hackers, specifically the TraderTraitor group.
- •Binance has frozen approximately $3 billion of the stolen assets and will cover all losses.
On October 29, 2026, hackers stole approximately $6.3 billion from Binance, the world's largest cryptocurrency exchange, marking it as the largest crypto theft in history. The breach was reportedly initiated through a compromised laptop belonging to a DevOps engineer, allowing unauthorized withdrawal transactions across multiple blockchains. Blockchain analysis firms TRM Labs and Chainalysis attributed the attack to TraderTraitor, a North Korean hacking group. Binance has confirmed that around $3 billion of the stolen assets have been frozen, and the company will cover all losses through its Secure Asset Fund for Users (SAFU). Deposits and withdrawals have been suspended while the investigation continues, with Binance stating that user funds are safe. The incident has raised significant concerns regarding the security of centralized exchanges and the methods employed by state-sponsored cybercriminals.
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Binance Hack: $6.3 Billion Stolen in Largest Crypto Heist On October 29, 2026, Binance, the world's largest cryptocurrency exchange, reported a major security incident involving an estimated $6.3 billion in stolen funds. The attack was attributed to a compromised laptop belonging to a DevOps engineer, allowing unauthorized withdrawal transactions. Approximately $3 billion in… 
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