Binance Users Pull Billions Following Major Crypto Exploit
Crypto users withdrew over $6 billion from Binance after withdrawals resumed following a massive $6.3 billion security breach.
Latest stories, in-depth analysis & breaking updates
Crypto users withdrew over $6 billion from Binance after withdrawals resumed following a massive $6.3 billion security breach.
Federal investigators formally attribute a record-breaking $6.7 billion cryptocurrency theft from Binance to the North Korean state-sponsored threat group known as TraderTraitor.
Following a record $6.3 billion theft from Binance wallets, major stablecoin issuers and networks froze funds rapidly, sparking debate over crypto's decentralization claims.
Catch up on the biggest technology stories from the past week, featuring a historic cryptocurrency breach, major hardware upgrades from Apple, and new gadget releases.
Binance is scrambling to calm user anxieties after a record $6.3 billion exploit, managing to freeze about half the stolen funds while preparing to resume withdrawals.
Blockchain investigators link a record-breaking $6.3 billion cryptocurrency theft from Binance to North Korea's TraderTraitor hacking group, following a complex breach that exploited hot wallets.
North Korean state-sponsored hackers drained $6.36 billion from Binance in a sophisticated 20-minute breach, though executives insist customer assets remain secure.
Cryptocurrency exchange Binance has suspended withdrawals after suffering an estimated $6.3 billion hack, marking the largest theft in digital asset history.
Binance security teams are actively investigating a potential major exploit, with stablecoin issuers rapidly freezing over a billion dollars in funds.
While major heists grab headlines, a relentless wave of underreported crypto thefts, supply chain attacks, and hardware wallet exploits is overwhelming the digital asset ecosystem.