Technology · Washington, DC · United States of America · November 1, 2026

Binance resumes withdrawals after $6.3 billion hack blamed on North Korea

Reported by 8 outlets · first reported Nov 1, 8:11 AM ET

Users pulled $3.64 billion, about 2.1% of assets, after Binance reopened withdrawals. The FBI blames North Korea-linked group TraderTraitor. Binance says it has covered 90% of the losses.

Why it matters

The largest crypto theft on record tests trust in exchanges holding customer funds.

Background

Binance is the world's biggest crypto exchange. The same group is linked to last year's Bybit hack.

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 ↗Nov 1, 7:11 PM ET
• BBC Technology ↗Nov 1, 7:43 PM ET
• BBC News ↗Nov 1, 8:11 AM 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 Nov 1's stories