Technology · Global · United States of America · October 30, 2026

Binance says $6.3 billion hack is largest crypto theft

Reported by 14 outlets · first reported Oct 30, 5:13 PM ET

Binance said about $6.3 billion in assets were affected by a hack. Two analytics firms linked it to a North Korean unit called TraderTraitor. Binance said about $3 billion is frozen and it will cover losses from company funds. It aims to let clients trade again within days.

Why it matters

Millions of customers of the world's largest crypto exchange wait on recovery, and theft may fund North Korea's weapons programs.

Background

Binance is the largest crypto exchange. North Korea-linked hackers have stolen billions in crypto before, including a $1.5 billion theft from Bybit in 2025.

The story so far

1. Oct 30Binance says $6.3 billion hack is largest crypto theft
2. Oct 31Binance covers 90% of $6.3 billion hack losses, plans to resume withdrawals Sunday
3. Nov 1Binance resumes withdrawals after $6.3 billion hack blamed on North Korea
4. Nov 3Binance says fake job interview led to $6.3bn hack
5. Nov 4Binance details fake job interviews behind hack

Follow the whole story →

Sources

• CNBC ↗Oct 30, 5:21 PM ET
• BBC News ↗Oct 30, 5:13 PM ET
• The Straits Times ↗Oct 30, 8:45 PM ET

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

See it on the globe →All of Oct 30's stories