North Korean hackers stole approximately $6.36 billion from Binance in what blockchain intelligence firm TRM…

Cyber Attack · · South Korea

North Korean hackers stole approximately $6.36 billion from Binance in what blockchain intelligence firm TRM Labs described as the largest cryptocurrency theft on record, attributing the attack to the state-sponsored group TraderTraitor.

The funds moved across 10 blockchains beginning at 20:05 UTC on October 29, with most transfers occurring within 20 minutes.

TRM Labs said the attack bore similarities to previous North Korean-linked operations, including the February 2025 Bybit hack.

Tether, Circle, Ripple, World Liberty Financial and Arbitrum’s Security Council have frozen approximately $2.7 billion in assets, while an estimated $2.4 billion remains beyond their reach.

Source: @Open Source Intel

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