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Binance Hit by $6.3 Billion Theft Attributed to North Korean Group

15 sources · 17 articlesFirst reported Updated ()1
What's new

October 30: Binance details compromised DevOps laptop entry point and more breach points; TRM Labs adds EIP-7702 delegations and chain breakdowns beyond prior summary.

Merged summary · x-ai/grok-4.7 · rewritten as coverage arrivesSummaries by Vani AI

North Korean-linked TraderTraitor stole $6.36 billion from Binance on October 29, 2026; nearly $3 billion frozen, exchange to cover losses.

North Korean group TraderTraitor stole about $6.36 billion from Binance wallets across ten blockchains on October 29, 2026, mostly in 20 minutes. Binance attributes the breach to a compromised DevOps engineer's laptop enabling unauthorized withdrawals, with no private-key leak found. Issuers froze nearly $3 billion while the exchange suspended withdrawals but resumed deposits and said SAFU and company funds will cover losses.

Key facts
  • Approximately $6.36 billion stolen from Binance wallets on 10 chains
  • Compromised DevOps laptop used for withdrawals; no private key leak
  • TRM Labs and Chainalysis attribute to North Korean TraderTraitor
  • Nearly $3 billion frozen by issuers and partners
  • Most funds moved within 20 minutes starting 20:05 UTC
  • Withdrawals paused; SAFU to cover user losses
Analyze this story with Vani AIImpact, who is affected and what defenders should do, in a new chat

Timeline

dated events in the reporting · oldest first
  1. Oct 29, 2026Attackers drain $6.36 billion from Binance wallets across 10 chains · TRM Labs
  2. Oct 29, 2026Most funds leave Binance wallets within 20 minutes from 20:05 UTC · TRM Labs
  3. Oct 30, 2026Binance reports compromised DevOps laptop for unauthorized withdrawals · The Hacker News
  4. Oct 30, 2026Issuers freeze nearly $3 billion in assets · SecurityWeek
  5. Oct 30, 2026TRM Labs and Chainalysis attribute theft to TraderTraitor · Chainalysis
  6. Oct 30, 2026Binance suspends withdrawals and says SAFU will cover losses · BleepingComputer

What each outlet adds

beyond the shared facts
  • TRM LabsDetailed $6.36 billion tracking across 10 chains and EIP-7702 usage
  • ChainalysisHigh-confidence attribution to TraderTraitor and $6.4 billion estimate
  • BinanceCompromised DevOps laptop theory, no private key leak, and SAFU coverage
  • Tether and CircleSpecific freezes of over 1.5 billion USDT and 800 million USDC
  • EllipticLink to prior Bitget theft and TraderTraitor wallet ties

Coverage

oldest first · one row per article · UTC
  1. · 2d ago The RecordFirst report

    Binance confirms $6.3 billion crypto theft and freezes about half

    Assets moved across 20 blockchains in about 20 minutes; Binance says customer losses will be covered.

  2. · 2d ago The Hacker News

    Binance says incident hit $6.3 billion; nearly $3 billion frozen

    Binance blames a compromised DevOps laptop for unauthorized withdrawals and says SAFU will cover losses.

  3. · 2d ago The Register · Security

    Binance halts trading after laptop compromise tied to $6.3 billion

    Binance says a DevOps laptop led to unauthorized withdrawals, user funds are safe, and no wallet private keys leaked.

  4. · 2d ago Hacker News · security

    Binance reports $6.3 billion crypto theft blamed on North Korea

    Binance froze withdrawals, says about $3 billion is frozen on-chain, and pledges to cover the losses.

  5. · 2d ago SecurityWeek

    Binance loses about $6.3 billion in heist linked to TraderTraitor

    TRM tracked $6.36 billion across ten chains in about 20 minutes; roughly $3 billion is frozen and $2.4 billion remains movable.

  6. · 2d ago Help Net Security

    Binance reports about $6.3 billion stolen in crypto heist

    Binance will cover user losses, and close to $3 billion has already been frozen on-chain.

  7. · 2d ago Cyber Security News

    TRM ties $6.36 billion Binance theft to TraderTraitor

    Sweeper contracts and EIP-7702 delegations drained hot wallets; about $2.7 billion was later frozen.

  8. · 2d ago BleepingComputer

    Binance links $6.3 billion crypto theft to compromised laptop

    TRM and Chainalysis attribute the October 29 theft to North Korea’s TraderTraitor; Binance has not named a culprit.

  9. · 2d ago Infosecurity Magazine

    Binance confirms $6.3bn cryptocurrency theft in record heist

    The exchange froze about $3bn, paused withdrawals, and says customer funds are covered; three firms blame TraderTraitor.

  10. · 2d ago WIRED · Security

    Binance wallets drained of about $6.3 billion in roughly 20 minutes

    Tracing firms suspect North Korea’s TraderTraitor, which Binance has not confirmed; about $2.8 billion, mostly stablecoins, has been frozen.

  11. · 2d ago Malwarebytes Labs

    Binance says attackers stole about $6.3 billion in crypto

    Binance reports freezing about $3 billion, denies a private-key leak, and says it will cover losses.

  12. · 2d ago Ars Technica · Security

    Hackers steal $6.3 billion from Binance in record crypto heist

    Elliptic verified $2.8 billion frozen, mostly USDT and USDC, while Binance says private keys were not breached.

  13. · 2d ago TechCrunch · Security

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

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

  14. · 2d ago GBHackers

    TraderTraitor drained about $6.36 billion from Binance wallets

    TRM Labs says most funds left in about 20 minutes on October 29 across ten chains; Binance says user funds are safe.

  15. · 2d ago Security Affairs

    Binance ties roughly $6.3 billion crypto theft to a laptop

    TRM and Chainalysis blame North Korea's TraderTraitor, while Binance says it has not identified who is responsible and will cover losses.

  16. · 13h ago Cyber Security News

    FBI confirms North Korean hackers stole over $6B from Binance

    FBI links the $6.3 billion theft to the TraderTraitor group, with funds moving through DeFi platforms.

  17. · 13h ago The Hacker News

    FBI links North Korea's TraderTraitor to $6.43 billion Binance crypto heist

    The FBI attributed a $6.43 billion cryptocurrency theft to North Korean group TraderTraitor, which used trojanized Terraform and malware like FLATROOF.