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More →Binance uncovers wider breach in $6.3 billion exploit, targets Sunday withdrawal restart
Binance uncovers wider breach in $6.3 billion exploit, targets Sunday withdrawal restart
Wall Street analysts urge investors to buy crypto stocks after $6.3 billion Binance hack
Wall Street analysts urge investors to buy crypto stocks after $6.3 billion Binance hack
Binance arranges $6.34 billion to cover losses from record crypto hack
Binance arranges $6.34 billion to cover losses from record crypto hack
Strategy CFO Andrew Kang resigns as company posts record operating profit
Strategy CFO Andrew Kang resigns as company posts record operating profit
Binance hacker dumps a little-known 2017 token and it crashes 90%
Binance hacker dumps a little-known 2017 token and it crashes 90%
Binance hack bites India's largest crypto exchange as it curbs futures trading
Binance hack bites India's largest crypto exchange as it curbs futures trading
Institutional crypto investors rush to pull funds from exchanges after Binance hack
Institutional crypto investors rush to pull funds from exchanges after Binance hack
TRM and Chainalysis Tie $6.4B Binance Hack to North Korea's TraderTraitor
Three blockchain analytics firms have attributed this week's hack of Binance to North Korea, with two of the largest naming TraderTraitor, a North Korean hacking group, as responsible for what both describe as the largest crypto theft on record. <a href="https://www.trmlabs.com/resources/blog/north-korea-steals-usd-6-36-billion-from-binance-in-the-largest-hack-in-history" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">>TRM Labs</a> said it made the attribution "with high confidence," based on "robust on and off-chain intelligence." It put the theft at about $6.36 billion, moved out of Binance <a href="/?post_type=post&p=5702" target="_blank" rel="noreferrer" class="sc-adb616fe-0 dJryYS">><span class="sc-fe458747-4 eaOPgC">wallets</span></a> on 10 blockchains, most of it in about 20 minutes from 4:05 p.m. ET on Thursday. That is about four times the <a href="https://decrypt.co/307990/fbi-links-north-korea-to-1-4-billion-bybit-crypto-heist" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">$1.5 billion Bybit hack</a> of February 2025, which the FBI attributed to the same group, TRM noted. <a href="https://www.chainalysis.com/blog/binance-exploit-latest-findings-and-response/" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">>Chainalysis</a>, which put the total at about $6.4 billion, said the strongest evidence came when its investigators saw funds stolen from Binance commingling in real time with funds from last month's <a href="https://decrypt.co/379275/bitget-hack-183-million-crypto-exchange-wallets" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">Bitget exploit</a>, which had been <a href="https://decrypt.co/380005/chainalysis-ai-87m-bitget-hack-north-korea" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">attributed</a> to North Korean actors. A Chainalysis spokesperson told <i><a href="https://edition.cnn.com/2026/10/30/tech/binance-crypto-heist-hnk-intl" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">CNN</a> </i>the firm had "high confidence" North Korea was behind the hack. Singapore-based Pangolin Intelligence also told <i>CNN</i> it believed a North Korean hacking unit was responsible, based on "analyzing the on-chain activity related to this hack and correlating with information gathered from previous known incidents." North Korea has previously denied hacking allegations. TRM and Chainalysis both said the attacker's operational wallet was funded through Tornado Cash, a crypto mixer. TRM said that and other features, including staging that began well before the theft, matched earlier North Korea-linked attacks such as the Bybit hack and April's <a href="https://decrypt.co/364872/layerzero-pins-292m-kelpdao-bridge-hack-on-north-koreas-lazarus-group" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">KelpDAO exploit</a>. On <a href="/?post_type=post&p=5726" target="_blank" rel="noreferrer" class="sc-adb616fe-0 dJryYS">><s
Fed's Logan: Rising market interest rates indicate monetary policy still needs adjustment.
According to CoinWorld news, Federal Reserve's Logan stated that the rise in market interest rates conveys a message: investors believe monetary policy still has work to do.
Fed's Logan: Gradual policy adjustments help adapt to higher interest rates.
CoinWorld news, Gelunhui reports, Federal Reserve official Logan stated that gradual policy adjustments help households, businesses, and investors adapt to higher interest rates.