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Binance's $6.3B Hack: Largest Crypto Heist, N. Korea Suspected

Binance, the world's largest cryptocurrency exchange, lost an estimated $6.3 billion in a hacking attack, the biggest crypto heist ever, with U.S. blockchain analysis firm TRM Labs blaming North Korean hackers, according to Yonhap and Korea Times reports. The attack, announced Thursday, involved an attacker moving approximately $6.36 billion out of Binance wallets, possibly via an engineer's laptop, and the exchange has frozen about $3 billion in assets, with losses to be covered by its insurance fund (SAFU) and company funds. Bitcoin sank below $80,000, sliding into the $77,000 range, as market anxiety grew, Business Korea reports. Korean media are highlighting the massive ripple effect across global and domestic exchanges, with Business Korea noting the suspected North Korean link and KBS World reporting the loss at about 8.4 trillion won. Korean reactions focus on the unprecedented scale and security implications, with outlets emphasizing the need for investors to rethink crypto risks and the role of insurance, though specific blogger or café opinions are not covered in these reports.

  1. Binance freezes assets after $6.3 bil. heist, crypto industry's biggest Korea Times · 2026-10-30
  2. North Korea-Linked Group Suspected to Hit Binance with Massive Hack Business Korea · 2026-10-30
  3. Binance Loses Some $6.3 Billion in Hacking Attack; TRM Labs Blames N. Korea KBS World · 2026-10-30
  4. Blockchain analysis firm TRM says North Korea behind Binance crypto theft Korea Times · 2026-10-30
  5. Bitcoin Sinks Below $80,000 as Suspected $5.8 Billion Binance Hack Rattles Markets Business Korea · 2026-10-30
  6. 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
  7. N. Korean hackers blamed for record US$6.36 bln Binance cryptocurrency theft: U.S. firm Yonhap · 2026-10-30

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