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Binance, the world's largest cryptocurrency exchange, lost an estimated $6.3 billion in what analysts call the biggest crypto hack ever, with U.S. blockchain analysis firm TRM Labs blaming North Korean hackers. Yonhap reports the theft was about $6.36 billion, and Business Korea notes the attack has sent a "massive ripple effect" across global and domestic exchanges, with Bitcoin sinking below $80,000 into the $77,000 range. Binance said it froze about $3 billion in assets and will cover all losses via its insurance fund (SAFU) and company funds, according to KBS World. Korean media are highlighting the scale of the heist and its market impact, with Korea Times focusing on how crypto insurance works amid the attack.