FORBES · 2026-10-30 11:54 UTC

Binance Attack 'Biggest Hack In History' As $6.3 Billion Impact Confirmed

Binance confirmed a $6.3 billion hack, described as the biggest in crypto history, with $3.5 billion moved from hot wallets on Ethereum, Arbitrum, Optimism and Avalanche in under an hour. Cybersecurity experts attribute the attack to a compromised engineer's laptop that gave attackers access to withdrawal systems; Binance says user funds are safe and has suspended deposits and withdrawals. Blockchain analysts link the attack to North Korean state-backed group TraderTraitor, the same group behind the February 2025 Bybit theft of $1.75 billion.

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