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North Korean hackers blamed for record $6.3B Binance crypto theft

Original title: North Korean hackers blamed for stealing record $6.3B in Binance breach

TechCrunch · Securityby Zack Whittaker ()3 min read1
Part of a story covered by 21 sourcesBinance says $6.3 billion stolen; researchers blame TraderTraitorMerged summary & timeline
AI summary · x-ai/grok-4.7Summaries by Vani AI

Binance says a compromised engineer laptop enabled unauthorized withdrawals and has halted deposits and withdrawals.

Security researchers at TRM Labs and Elliptic attribute a Binance wallet theft of at least $6.3 billion to North Korean hackers, including the TraderTraitor cell. Binance said attackers used a compromised engineer’s laptop to reach a service container and submit unauthorized withdrawals, and it has seen no evidence of a private-key leak. About half of the crypto was reportedly frozen in transit. The exchange has suspended deposits and withdrawals; it says user funds are safe but has not shown proof, and the total may change.

Unconfirmed: North Korean attribution and the $6.3 billion figure come from researchers; Binance has not confirmed the incident is resolved or proved that user funds are safe.

Key facts
  • TRM Labs said the theft took about 20 minutes.
  • Researchers say roughly half of the stolen crypto was frozen.
  • Binance reported no evidence that private keys leaked.
  • Elliptic tied some funds to a wallet used in a Bitget theft.
  • TraderTraitor was also blamed for the 2025 Bybit theft of $1.4 billion.
Security assessment · AI, from the article

Impact: Theft of at least $6.3 billion in cryptocurrency

Analyze this story with Vani AIImpact, who is affected and what defenders should do, in a new chat

From the original article

3 min read at techcrunch.com

Hackers working for North Korea are suspected of hacking a Binance employee's laptop, which allowed the theft of billions in crypto.

TechCrunch · Security

By Zack Whittaker · techcrunch.com

Read the full article at TechCrunch · Security

A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.