Multiple crypto-tracing firms say notorious North Korean hackers TraderTraitor may be behind the largest digital heist in history—with billions of crypto likely gone for good.

Binance, the world's largest crypto exchange, has linked the theft of about $6.3 billion in cryptocurrency to a DevOps engineer's compromised laptop.

The company said it has suspended all deposits and withdrawals while it works with authorities to secure its infrastructure and locate stolen funds.

Hackers drained approximately USD 6.3 billion from Binance in a 20-minute cyberattack. The breach triggered a market sell-off and an international race to recover the assets.

It has promised to cover all losses from company funds and allow clients to trade again within days. Read more at straitstimes.com.

It has promised to cover all losses from company funds and allow clients to trade again within days. Read more at straitstimes.com.

UPDATE 10/30/26: Binance has temporarily suspended customer withdrawals after suffering what investigators say is the biggest crypto hack in history. According to Binance CEO Yi He, the company estimates roughly $6.3 billion in funds were impacted, with roughly $3 billion in assets frozen on-chain s...

Binance, the world's largest crypto exchange, has linked the theft of about $6.3 billion in cryptocurrency to a DevOps engineer's compromised laptop.