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NEW STRAITS TIMES · 2026-11-01 16:31 UTC

The biggest heist in crypto history unfolded in mere 20 minutes

Hackers stole $6.3 billion from Binance in a 20-minute attack by compromising the exchange's transaction signing infrastructure. The FBI attributed the theft to North Korean hackers; about half the stolen assets are frozen stablecoins, while roughly $2.4 billion in Bitcoin and ether remain at risk. Binance's co-CEO said losses would be covered by the exchange's $1 billion security fund and company resources.

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