TIMES OF ISRAEL · 2026-10-30 07:19 UTC

World's largest crypto exchange confirms $6.3 billion hack; analysts blame North Koreans

Binance, the world's largest crypto exchange, confirmed a $6.3 billion hack with approximately $3 billion frozen on-chain so far. Blockchain investigation firm TRM Labs attributed the attack to TraderTraitor, a North Korean-linked hacking group, citing matching features with previous heists. The company suspended all deposits and withdrawals for security checks; Tether froze $1.6 billion and Circle froze $800 million in stablecoins related to the hack.

Loading the story on Tree News…