From BBC News · · 1m 10s
Binance hack suspected largest in history
Binance reports $6.3bn crypto hack, largest in history, linked to North Korean group.
In brief
Binance reports $6.3bn crypto hack, largest in history, linked to North Korean group. Binance says $6.3bn in digital assets stolen in suspected North Korean hack, largest crypto theft on record. Originally reported by BBC News.
Binance reports $6.3bn hack
Binance says $6.3bn of digital assets impacted by what is thought to be the biggest crypto hack on record.
Half assets frozen, hackers hold rest
Binance says about half of impacted assets frozen but many remain with hackers.
Hack linked to North Korean group
Two analytics firms attribute the incident to a North Korean hacking unit called TraderTraitor.
Lazarus Group blamed for past hacks
Cyber-security firm Check Point says the unit is also known as Lazarus Group, blamed for 2025 hack.
Binance covers all losses
Binance will cover all losses from the hack, saying it is the largest crypto theft on record.
Attack started with engineer's laptop
Binance co-CEO says hack began with compromised engineer's laptop allowing unauthorized withdrawals.
Multiple breach points found
Binance says additional breach points discovered beyond initial engineer's laptop compromise.
Binance.US unaffected
Binance.US platform, for American users, says it is not affected by the hack.
The main idea
Binance says $6.3bn in digital assets stolen in suspected North Korean hack, largest crypto theft on record.
