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Binance $6.3B Hack Blamed on North Korea, Markets Shaken

Binance, the world's largest cryptocurrency exchange, suffered a record $6.3 billion hack, with U.S. blockchain analysis firm TRM Labs attributing the attack to North Korean hackers. Yonhap reports the theft as an estimated $6.36 billion, and KBS World notes Binance announced initial investigation results Thursday. The hack rattled markets, with Bitcoin sinking below $80,000 into the $77,000 range, according to Business Korea. Korean outlets highlight the scale as the biggest crypto heist ever, prompting discussions on insurance gaps and investor risk reassessment, as reported by Korea Times. The exact figure in Korean won (about 8.5 trillion) is not directly stated in the documents, but the dollar amounts are consistent.

  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. N. Korean hackers blamed for record US$6.36 bln Binance cryptocurrency theft: U.S. firm Yonhap · 2026-10-30
  6. Binance freezes assets after $6.3 bil. heist, crypto industry's biggest Korea Times · 2026-10-30

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