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Binance Hack: North Korea Suspected in Record $6.36B Theft

Binance, the world's largest cryptocurrency exchange, suffered the largest hacking damage in history, with U.S. blockchain analysis firm TRM Labs attributing the attack to North Korean hackers. TRM Labs reported that an attacker moved approximately $6.36 billion (about 8.4 trillion won) out of Binance wallets, according to Yonhap and Korea Times. Binance announced initial investigation results, stating the attacker may have accessed service containers via an engineer's laptop and submitted unauthorized withdrawal transactions; the company has frozen about $3 billion in assets and will cover all losses through its insurance fund (SAFU) and company funds, emphasizing user fund safety. Bitcoin fell below $80,000, sliding into the $77,000 range, as market anxiety heightened, Business Korea reports. Korean media coverage focuses on the scale of the theft and the North Korean link, with outlets like KBS World and Yonhap leading the reporting; the attack is described as the biggest crypto hack ever, prompting analysts to warn investors may rethink risks.

  1. North Korea-Linked Group Suspected to Hit Binance with Massive Hack Business Korea · 2026-10-30
  2. Blockchain analysis firm TRM says North Korea behind $6.3 billion Binance crypto theft Korea Times · 2026-10-30
  3. Bitcoin Sinks Below $80,000 as Suspected $5.8 Billion Binance Hack Rattles Markets Business Korea · 2026-10-30
  4. Binance Loses Some $6.3 Billion in Hacking Attack; TRM Labs Blames N. Korea KBS World · 2026-10-30
  5. 全球最大加密货币交易所币安遭黑客攻击 疑为北韩所为 KBS WORLD · 2026-10-30
  6. (2nd LD) N. Korean hackers blamed for record US$6.36 bln Binance cryptocurrency theft: U.S. firm Yonhap · 2026-10-30

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