Binance hit by 6.3 billion dollar crypto theft

The brief

Binance executives are scrambling to recover billions of dollars after the crypto platform was hit by what is being described as the biggest heist in cryptocurrency history. Hackers reportedly stole $6.3 billion from users, with analysts pointing the finger at North Korea. The attack far surpasses the previous record set in February 2025, when hackers stole $1.5 billion from crypto exchange Bybit.