Hackers Steal $6.3 Billion from Binance in Record Heist Blamed on North Korea

AI-generated NewsSnap summary based on source reporting.
Published: 2026-10-30
Category: business
Source: Reuters

Hackers have stolen $6.3 billion from Binance, the world's largest cryptocurrency exchange, in a record theft that analysts attribute to North Korea. Cryptocurrency prices fell following the news, and Binance temporarily halted withdrawals, stating it would cover the losses. Approximately half of the stolen assets were quickly frozen by stablecoin issuers.

Want more?

Open NewsSnap.ai for the full app experience, including audio, personalization, and more news tools.

Open NewsSnap.ai