Binance Suffers Biggest Crypto Hack In History With $6.3 Billion Affected [UPDATE]

UPDATE 10/30/26: Binance has temporarily suspended customer withdrawals after suffering what investigators say is the biggest crypto hack in history. According to Binance CEO Yi He, the company estimates roughly $6.3 billion in funds were impacted, with roughly $3 billion in assets frozen on-chain so far. Rest assured, "your money is safe, and we're covering every loss," said co-CEO Richard Teng in a LinkedIn post.

"This was a complex attack," said Teng. "The attacker also used a self-destruct mechanism that destroyed tooling and tracers, making it more difficult for us to trace." From a report: Teng said the incident was not carried out by one person. While the initial investigation indicated the involvement of a compromised laptop, further digging revealed additional points of breach. [...] Blockchain analysis firms TRM Labs and Elliptic have linked the theft to North Korean hackers, with TRM attributing it "with high confidence" to a group known as TraderTraitor, the same group responsible for last year's Bybit hack.