North Korean hackers steal $6.3 billion from Binance in 20-minute heist

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Hackers stole $6.3 billion from cryptocurrency exchange Binance on Thursday, halting withdrawals and triggering a race to freeze funds, in what experts call the largest hack ever recorded. The attack took about 20 minutes, with cybersecurity firms attributing it to TraderTraitor, a North Korean state hacker group. Binance cited a compromised engineer's laptop and additional breaches, while partners froze roughly $3 billion, though $2.4 billion remains unreachable. The heist surpasses a $1.5 billion Bybit theft from 2025, also linked to North Korea. TRM Labs estimates North Korean hackers have stolen $12.8 billion since 2017, making such operations a primary revenue source for the government.


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