Crypto's biggest-ever heist: How hackers stole $6.3 billion in Binance in just 20 minutes
Business The Economic Times 3 days ago

Crypto's biggest-ever heist: How hackers stole $6.3 billion in Binance in just 20 minutes

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Binance, on Friday, reported a significant security breach that resulted in the theft of $6.3 billion in cryptocurrencies. An initial investigation revealed that a compromised laptop enabled unauthorized withdrawal transactions. Approximately half of the stolen assets were stablecoins, which issuers have reportedly frozen to limit the attackers' activities. Blockchain analysis firms suggested that the breach shares similarities with previous North Korean hacker operations.

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