Binance Hacked: $6.3 Billion Stolen in Massive Cyberattack – North Korean Hackers Suspected
Oct 30, 2026 ahmed mokdad 8 min read
The cryptocurrency industry is facing one of its biggest security crises after Binance, the world’s largest cryptocurrency exchange, suffered a massive cyberattack on October 29, 2026. Attackers reportedly moved approximately $6.3 billion in digital assets from Binance wallets within minutes. Blockchain intelligence companies suspect a North Korean hacking group, while Binance has launched an investigation and suspended withdrawals as a precaution.
Summary
Binance suffered a major security breach involving approximately $6.3 billion in cryptocurrency. Investigators suspect North Korea’s TraderTraitor hacking group. Binance has frozen around $3 billion in affected assets, suspended withdrawals temporarily, and promised to cover all customer losses using its SAFU fund and company resources.
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