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    Binance Suffers Record $6.3 Billion Crypto Theft Attributed to North Korean TraderTraitor Group

    Section editor: ·Very High6 articles covering this·6 news sources·Updated an hour ago·World
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    Minimalist graphic highlighting the 6.3 billion dollar Binance crypto theft data point

    What happened

    Attackers affiliated with North Korea compromised Binance's signing infrastructure to siphon $6.3 billion across 10 to 11 blockchains in under 30 minutes.

    The Context

    * Speed trumped traditional security as unauthorized withdrawals swept through hot wallets on Ethereum, Bitcoin, Solana, and Tron over a rapid 20-to-30-minute window before defenses kicked in. * Stablecoin issuers stepped in fast, with Tether, Circle, and Ripple freezing roughly $2.8 billion to $3 billion in assets before the attackers could convert them into non-freezable tokens. * Binance committed balance-sheet reserves totaling $6.34 billion to make depositors whole, despite market volatility that sparked $1.58 billion in leveraged liquidations within 24 hours.

    The Number

    $6.3 billion

    — more than four times larger than the previous record cyber heist, showing that nation-state teams can breach even the most capitalized institutional infrastructure.

    Takeaway

    Expect centralized exchanges to shift treasury reserves toward multi-signature cold storage while compliance teams reassess operational counterparty risks.

    6 Articles
    BBC عربي

    اختراق بينانس.. ما تفاصيل أكبر سرقة في تاريخ العملات المشفرة؟

    Binance, the world's largest cryptocurrency exchange, was hit by a cyber incident affecting digital assets valued at about $6.3 billion, which reports describe as potentially the largest breach in the history of the crypto sector.

    14 hours ago
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    القدس العربي

    منصة العملات المشفّرة “باينانس” تؤكد تعرّضها لاختراق طال 6,3 مليارات دولار

    Binance, one of the world's largest cryptocurrency trading platforms by daily trading volume, has confirmed that it suffered a wide-scale breach affecting funds worth approximately $6.3 billion, with roughly half of that amount frozen to prevent a ma...

    Emarat Al Youm

    «بينانس» تجمّد أصولاً رقمية عقب اختراق خلّف خسائر بـ6.3 مليار دولار «بينانس» تجمّد أصولاً رقمية عقب اختراق خلّف خسائر بـ6.3 مليار دولار

    Binance, the world's largest cryptocurrency exchange, said it was hit by a security breach estimated to have affected about $6.3 billion in assets, potentially the largest crypto theft on record, and has frozen deposits and withdrawals while investig...

    Okaz

    منصة «بينانس» تؤكد تعرضها لاختراق وتجمد 3 مليارات دولار

    Binance, the world's largest cryptocurrency exchange by daily trading volume, announced on Thursday that it had suffered a major hack, prompting it to freeze digital assets worth $3 billion to prevent their theft, and suspended trading on some produc...

    RT Arabic

    "بينانس" تعلن خسائر بقيمة 6.3 مليار دولار جراء اختراق إلكتروني وتجمد أصولا بقيمة 3 مليارات

    Binance has estimated the losses from a cyberattack on its systems at about $6.3 billion and announced it has frozen assets worth $3 billion, pledging to compensate affected customers for their losses.

    رؤيا نيوز

    زلزال سيبراني يضرب بينانس.. أموال بالمليارات رهينة التجميد وبيتكوين تهوي دون 77 ألف دولار

    Binance, the world's largest cryptocurrency exchange, suspended operations following a cyber incident that has left billions of dollars in user funds frozen, while Bitcoin fell below $77,000 amid the turmoil. The base report, published by Royanews, f...