DECRYPT · 2026-11-02 13:34 UTC

Morning Minute: The Binance Hack Leads to Mass Outflows while FBI Opens Probe

North Korea-linked attackers stole $6.4 billion from Binance hot wallets across 10 blockchains in 20 minutes on Thursday, the largest crypto heist on record. Bitcoin ETFs lost $643.3 million on Friday, erasing October's gains; Binance turned withdrawals back on and $3.64 billion has exited so far. FBI and Secret Service opened probes into the hack; CFTC Chair calls for offshore exchanges to register with US regulators and meet cybersecurity standards.

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