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‘Elite North Korean group’ blamed for $6.3bn Binance hack in biggest ever crypto heist

The Guardian Tech Friday 30 October 2026, 08:19 UTC By Dan Milmo and agencies 1 min read
Key Points

Cryptocurrency exchange scrambles to freeze affected, with about $3bn located so farThe world’s largest cryptocurrency exchange has been hit by an industry-record $6.3bn hack, with experts identifying North Korea as the likely culprit. Binance has scrambled to freeze the affected assets, with about $3bn located so far. The company gave no update on the other $3.3bn as Binance’s co-founder Yi He said the company would cover “all hacking losses”.

Cryptocurrency exchange scrambles to freeze affected, with about $3bn located so far

The world’s largest cryptocurrency exchange has been hit by an industry-record $6.3bn hack, with experts identifying North Korea as the likely culprit.

Binance has scrambled to freeze the affected assets, with about $3bn located so far. The company gave no update on the other $3.3bn as Binance’s co-founder Yi He said the company would cover “all hacking losses”.

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North Korean (ORG) North Korea (LOCATION) Binance (PERSON) Yi He (PERSON)
Originally published by The Guardian Tech Read original →

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