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Binance $6.3 Billion Hack Exposes Critical Weakness in Crypto Withdrawal Security

North Korean Hackers Linked to $6.3 Billion Binance Breach as Withdrawals Halt

Cryptocurrency exchange Binance has disclosed a cybersecurity breach affecting approximately $6.3 billion in digital assets, with blockchain investigators linking the attack to North Korea’s TraderTraitor hacking group. The October 29, 2026, attack reportedly transferred billions of dollars from Binance-controlled wallets across ten blockchains in approximately 20 minutes. Binance temporarily suspended withdrawals, pledged to cover losses … Read more