Hackers stole more than $6 billion in cryptocurrency from Binance, making it the largest crypto theft on record, according to CNN. Investigators and blockchain analytics firms suspect North Korean involvement, although responsibility has not been officially established.
Binance said preliminary findings point to an engineer’s compromised laptop, which may have enabled unauthorized withdrawals.
Crypto firms managed to freeze approximately $3 billion of the stolen assets by Thursday night. Tracking companies said the remaining funds were moving across several blockchains, raising concerns that laundering networks could help attackers convert them into usable money.
The suspected North Korean connection follows previous thefts attributed to Pyongyang-linked hackers. Bitcoin and Ether prices fell after the breach, before recovering some losses.
Related Tweet:
🚨NORTH KOREA JUST ROBBED THE WORLD’S BIGGEST CRYPTO EXCHANGE $6,360,000,000 GONE FROM BINANCE 🇰🇵 → ONE HACKED LAPTOP → BINANCE’S OWN SIGNING SYSTEM TURNED AGAINST IT → $2.5 BILLION IN ONE TRANSACTION → MOST OF IT GONE IN ~20 MINUTES → 10 BLOCKCHAINS HIT “HIGH CONFIDENCE”: TRADERTRAITOR, NORTH KOREA’S ELITE HACKING UNIT. THE SAME GROUP THE FBI BLAMED FOR THE $1.5B BYBIT HACK. ~$3B FROZEN. ~$2.4B STILL IN THE ATTACKER’S HANDS. IF TRM IS RIGHT, A SANCTIONED NUCLEAR STATE NOW CONTROLS 420,000+ ETH AND 18,270 BTC. READ THAT AGAIN. $BNB $BTC $ETH FOLLOW ME SO YOU DON’T MISS THE NEXT MOVE 🔔
— Whale News Daily (@WhaleNewsDaily) October 30, 2026
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