Binance says $6.3bn stolen in biggest crypto heist in history: What we know
Summary
Binance says hackers stole about $6.3 billion from its wallets across 10 blockchains, in what could be the largest cryptocurrency heist on record. Blockchain analysis firms linked the attack to a North Korean hacking unit, but Binance says its investigation has not assigned responsibility; the company says it will cover user losses and has suspended deposits and withdrawals.Key Facts
- TRM Labs reported that about $6.36 billion was moved from Binance wallets across 10 blockchains.
- The theft unfolded over about 20 minutes, according to TRM Labs and Chainalysis.
- Binance said about $3 billion of the stolen assets had been frozen, including more than $2.3 billion by Tether and Circle.
- Binance warned that the estimated stolen amount could rise as it traces and freezes assets.
- TRM Labs and Chainalysis attributed the attack to North Korea; TRM linked it with high confidence to the TraderTraitor hacking unit.
- Binance co-CEO Richard Teng said the company had not attributed responsibility to any individual.
- Binance said it would cover all losses and that user funds were safe.
- Binance said it found no evidence that wallet private keys had been leaked, while a former Mt Gox executive told Reuters attackers may have accessed keys for at least two wallets.
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