{
  "id": 17194146,
  "title": "Binance hit by $6.3bn hack, freezes half of stolen funds",
  "url": "https://urgent.news/2026/10/30/binance-hit-by-6-3bn-hack-freezes-half-of-stolen-funds",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-10-30T07:19:11.000Z",
  "source": {
    "name": "Ajel English",
    "slug": "ajel-english",
    "url": "https://english.ajel.sa/business/bamo8st10"
  },
  "original_language": "en",
  "account": "Binance, the world's largest cryptocurrency exchange by daily trading volume, fell victim to a $6.3 billion hack. The company froze half of the stolen assets to prevent a massive theft. Binance assured users on X that their funds were \"completely safe,\" but pledged to cover all losses resulting from the attack. The CEO, Changpeng Zhao, estimated losses could exceed $1 billion \"slightly.\" Major partners, including Tether and Circle, also froze significant amounts of stablecoins linked to the hack. Both USDT and USDC, stablecoins pegged to the US dollar, were affected. Industry observers noted that hackers had gained access to the platform before Binance's announcement. The total funds affected are about four times greater than the previous largest cyberattack. Blockchain investigations firm TRM Labs cited \"reliable intelligence\" linking the attack to the North Korea-linked Trader Traitor group, tied to the Lazarus Group responsible for the 2014 Sony Pictures hack.",
  "summary": "Binance suffered a $6.3 billion hack but froze half the stolen assets. The company pledged to cover all losses as North Korea-linked hackers are suspected.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 11,
    "also_reported_by": [
      {
        "outlet": "CoinDesk",
        "title": "Binance hack drained wallets backing customer assets, reserve data shows",
        "url": "https://urgent.news/2026/10/30/binance-hack-drained-wallets-backing-customer-assets-reserve-data",
        "published": "2026-10-30T00:17:10.000Z"
      },
      {
        "outlet": "Japan Times",
        "title": "Binance freezes more than $2.5 billion in assets amid suspected hack",
        "url": "https://urgent.news/2026/10/30/binance-freezes-more-than-2-5-billion-in-assets-amid-suspected-hack",
        "published": "2026-10-30T02:02:00.000Z"
      },
      {
        "outlet": "Hindustan Times - World News",
        "title": "Binance traces $6.3 billion hack to one engineer's compromised laptop",
        "url": "https://urgent.news/2026/10/30/binance-traces-6-3-billion-hack-to-one-engineers-compromised-laptop",
        "published": "2026-10-30T03:15:42.000Z"
      },
      {
        "outlet": "RTE News",
        "title": "Binance freezes $3 billion in assets after suspected hack",
        "url": "https://urgent.news/2026/10/30/binance-freezes-3-billion-in-assets-after-suspected-hack",
        "published": "2026-10-30T03:24:32.000Z"
      },
      {
        "outlet": "Guardian Business",
        "title": "‘Elite North Korean hackers’ blamed for $6.3bn Binance hack – business live",
        "url": "https://urgent.news/2026/10/30/elite-north-korean-hackers-blamed-for-6-3bn-binance-hack-business-live",
        "published": "2026-10-30T07:34:42.000Z"
      },
      {
        "outlet": "CNBC",
        "title": "Binance's $6.3 billion hack: What we know and what comes next",
        "url": "https://urgent.news/2026/10/30/binances-6-3-billion-hack-what-we-know-and-what-comes-next",
        "published": "2026-10-30T08:04:50.000Z"
      },
      {
        "outlet": "Cointelegraph",
        "title": "THORChain’s RUNE jumps 13% after Binance’s record $6.3B hack",
        "url": "https://urgent.news/2026/10/30/thorchains-rune-jumps-13-after-binances-record-6-3b-hack",
        "published": "2026-10-30T09:52:29.000Z"
      },
      {
        "outlet": "Gulf News",
        "title": "Binance hack: Lazarus group suspected as $6.3b theft rattles traders",
        "url": "https://urgent.news/2026/10/30/binance-hack-lazarus-group-suspected-as-6-3b-theft-rattles-traders",
        "published": "2026-10-30T10:38:40.000Z"
      },
      {
        "outlet": "PC Gamer",
        "title": "Compromised laptop could be to blame for record $6.3 billion cryptocurrency heist: Binance rushes to freeze stolen assets as experts blame North Korean group",
        "url": "https://urgent.news/2026/10/30/compromised-laptop-could-be-to-blame-for-record-6-3-billion",
        "published": "2026-10-30T10:52:32.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "No way to tell if S’pore investors affected by Binance hack; withdrawals temporarily suspended",
        "url": "https://urgent.news/2026/10/30/no-way-to-tell-if-spore-investors-affected-by-binance-hack",
        "published": "2026-10-30T11:42:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}