BLOOMBERG · 2026-10-30 07:21 UTC

Record Binance Hack Shows No Crypto Firm Is Too Big to Breach

Binance suffered a $6.3 billion security breach, the largest crypto hack on record, with initial investigation suggesting a compromised engineer's laptop was involved. North Korean hackers are blamed for the theft, which occurred across 10 blockchains including Bitcoin, Ethereum, Solana and XRP. The incident is part of a series of major crypto breaches in recent months, raising concerns about institutional adoption and the security of decentralized finance infrastructure.

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