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Binance crypto exchange suspends trades over North Korea-linked hack

Economy53 sourcesOct 30, 2026
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Binance exchange says it will cover customer losses as it scrambles to freeze affected assets, with about $3bn located so farQ&A: How big a deal is the $6.3bn crypto heist? Business live, latest updates The world’s largest cryptocurrency exchange has been hit by a record $6.3bn (£4.7bn) hack described as the biggest heist in history, with experts identifying North Korea as the likely culprit. Binance said it would cover all customer losses as it froze $3bn of the affected assets.

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