FORBES · 2026-10-30 06:42 UTC

Binance's $6.3 Billion Hack Started With One Engineer's Laptop

Binance suffered a $6.3 billion hack traced to a compromised DevOps engineer's laptop that gave attackers unauthorized withdrawal access; roughly $3 billion has been frozen on-chain. Chainalysis and TRM Labs attributed the theft to North Korea's TraderTraitor hacking unit, with about $6.36 billion extracted across 10 blockchains in roughly 20 minutes. Tether froze $1.567 billion USDT and Circle froze $800 million USDC; Binance says it will cover all losses from its SAFU emergency fund and company funds, though the attacker now holds more bitcoin than SAFU's 15,000 BTC reserve.

Loading the story on Tree News…