Binance hit by $6.3 billion security breach in potential record crypto heist

France 24 · FRANCE 24 · 2026-10-30 03:48 UTC

Binance said on Thursday that a security breach had affected an estimated $6.3 billion in assets, potentially making it the biggest cryptocurrency heist on record. The world's largest crypto exchange said it had recovered or frozen about $3 billion, while analysts have pinned the blame for the hack on North Korea.

Binance said on Thursday that a security breach had affected an estimated $6.3 billion in assets, potentially making it the biggest cryptocurrency heist on record. The world's largest crypto exchange said it had recovered or frozen about $3 billion, while analysts have pinned the blame for the hack on North Korea.

Hackers stole $6.3 billion from Binance, the world's biggest cryptocurrency exchange, in a record theft that analysts pinned on North Korea and said could shake faith in digital assets.

Cryptocurrency prices fell on the news, while Binance halted withdrawals and said it would cover the losses. About half the stolen assets were quickly frozen by stablecoin issuers such as Tether, Circle and the Trump-backed World Liberty Financial.

Read the full story at France 24 · All coverage of this story