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Finance & Markets

How a $6 billion hack became the world's biggest crypto theft

Binance Holdings, the world's largest cryptocurrency exchange, lost an estimated $6.3 billion to hackers early on Friday, in what has been described as the single biggest theft of crypto on record, exceeding the $1.5 billion stolen from Bybit in February 2025 . Funds began leaving Binance's hot wallets, which are connected to the internet to process customer withdrawals, at about 12.24am UAE time…

How a $6 billion hack became the world's biggest crypto theft

We haven't written up this one. The National Business has the full story — the link below goes straight to it.

Read the original at thenationalnews.com →

More in Finance & Markets

Look Who's Upgrading America's Nuclear Forces Now

RTX just won an $8 billion nuclear contract. How big a deal is that for RTX stock?

  • Raytheon secured $8B contract from U.S. Air Force.
  • AFNWC manages America's strategic nuclear deterrent.
  • Contract restarts production of modernized Strategic Communications Terminals.

Microsoft Just Announced Incredible News for Nvidia Shareholders

Microsoft is one of Nvidia’s biggest customers.

  • Microsoft allocated 75% of fiscal 2027 capital expenditures to CPUs and GPUs.
  • Nvidia stock performance impacted by overspending concerns on AI infrastructure.
  • Microsoft forecasts $170 billion in capex for the year, driven by high demand.

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