THE VERGE · 2026-10-30 11:44 UTC

Binance hackers stole $6.3 billion in record-breaking crypto heist

Binance disclosed a $6.3 billion cryptocurrency theft, the largest on record, allegedly by North Korean group TraderTraitor. The company committed to covering all losses using its $1.3 billion emergency reserve and $6.34 billion in company funds. The attack involved a compromised DevOps engineer's laptop and multiple breach points; most theft occurred within 20 minutes.

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