NL TIMES · 2026-10-30 11:52 UTC

Massive $6 billion Binance crypto hack likely has small impact in the Netherlands

Binance reported a $6.3 billion hack, the largest in cryptocurrency history, with roughly half of the funds frozen to prevent theft. The hack is unlikely to significantly impact Dutch investors since Binance exited the Netherlands in 2023 after regulatory issues with De Nederlandsche Bank. Binance suspects the breach originated from a compromised software developer's laptop; TRM Labs attributes it to North Korean hackers.

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