Hackers stole approximately $6.3 billion in cryptocurrency from Binance on October 29, 2026, executing the largest digital asset theft in history during an intensive twenty-minute window.
Binance has appointed Justin Yek as its new chief financial officer, replacing Kaiser Ng, who is stepping down after more than five years with the exchange.
North Korea rejected allegations linking Pyongyang to an estimated $6.3 billion cryptocurrency heist at Binance, dismissing the accusation from the United States Federal Bureau of Investigation as a grave political provocation.
State-sponsored hackers known as TraderTraitor executed the breach, prompting the cryptocurrency platform to suspend withdrawals and move to cover user balances.
Binance suffered a massive cryptocurrency breach resulting in the theft of approximately $6.3 billion.
Bitcoin fell sharply on October 29, 2026, following unconfirmed reports of a massive cyberattack on cryptocurrency exchange Binance.
Cryptocurrency exchange Binance suspended deposits and withdrawals after a security breach sent billions in digital assets flowing from its wallets.
Changpeng Zhao, the founder of Binance, returned to Abu Dhabi in June 2026 after serving a four-month prison sentence in the U.S.