Binance Estimates $6.3 Billion Hacked in Crypto's Biggest Heist
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Summary
Hackers siphoned off $6.3 billion from crypto exchange Binance in the biggest heist of the digital-asset industry. #binance #crypto #hacker #news Binance suspended withdrawals and pledged to cover all losses, with about $3 billion of the assets frozen on blockchain networks. Blockchain intelligence firms have pointed to North Korea as behind the Binance heist, which is a setback for an industry that is maturing and seeking to expand into traditional finance. Read more: https://www.bloomberg.com/news/articles/2026-10-29/binance-founder-says-possible-hack-of-exchange-bitcoin-falls ---------- Like this video? Subscribe https://www.youtube.com/@Bloomberg-News Bloomberg News is the first word in business news. Visit bloomberg.com for the latest on global business, markets and more. Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals Bloomberg on YouTube: https://www.youtube.com/@business https://www.youtube.com/@markets https://www.youtube.com/@BloombergTechnology https://www.youtube.com/@BloombergPodcasts Connect with us on social: https://www.instagram.com/bloombergbusiness https://www.linkedin.com/company/bloomberg-news https://www.tiktok.com/@bloombergbusiness https://www.facebook.com/bloombergbusiness
Found in: Cryptocurrency. Rating basis: 1 other outlets; outlet tier 5; 1 feeds; feed position 11.