
Binance Suffers Record $6.3 Billion Breach in 20-Minute North Korean Attack
Binance, the world’s largest cryptocurrency exchange, lost $6.3 billion in a 20-minute hack on October 29, 2026, marking the largest digital heist in history. The attack, likely orchestrated by the North Korean group TraderTraitor, drained funds across ten blockchains. Binance froze approximately half the stolen assets and pledged to cover all customer losses, while crypto markets plunged and stablecoin issuers halted transactions to prevent further laundering.
