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Binance $6.3B hack blamed on North Korea, markets rattled

U.S. blockchain analysis firm TRM Labs says North Korean hackers were behind a record $6.36 billion theft from cryptocurrency exchange Binance, the largest crypto hack in history, according to Yonhap and Korea Times reports. Binance has frozen assets and begun an investigation, while Bitcoin fell below $80,000 amid market anxiety, Business Korea reports. Korean outlets are covering the fallout, including how crypto insurance works and the ripple effect on global exchanges, though the exact figure cited is $6.3–6.36 billion (about 8.5 trillion won), not $8.5 trillion.

  1. Blockchain analysis firm TRM says North Korea behind $6.3 billion Binance crypto theft Korea Times · 2026-10-30
  2. Binance freezes assets after $6.3 bil. heist, crypto industry's biggest Korea Times · 2026-10-30
  3. (2nd LD) N. Korean hackers blamed for record US$6.36 bln Binance cryptocurrency theft: U.S. firm Yonhap · 2026-10-30
  4. Bitcoin Sinks Below $80,000 as Suspected $5.8 Billion Binance Hack Rattles Markets Business Korea · 2026-10-30

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