Binance loses $6B in record crypto heist; experts probe security gaps

businessinsider.jp (Japanese) —

On October 29, 2026, hackers stole over $6 billion in cryptocurrency from exchange Binance, marking the largest theft of its kind ever recorded. The company says it has secured about 80% of the stolen funds. Cybersecurity researchers suspect North Korean-linked hackers, citing attack patterns and blockchain evidence. Binance initially blamed one engineer's compromised laptop but later revised its account. The incident caused crypto-related stocks to fall on October 30. Experts note the attackers converted some funds into harder-to-trace assets, while industry peers like Coinbase offered support. Binance's co-CEO said a "self-destruct function" used by attackers is complicating the investigation.


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