{
  "id": 17223072,
  "title": "How the Binance hack happened and who was behind it",
  "url": "https://urgent.news/2026/10/30/how-the-binance-hack-happened-and-who-was-behind-it-17223072",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-10-30T11:50:49.000Z",
  "source": {
    "name": "Euronews",
    "slug": "euronews",
    "url": "https://www.euronews.com/2026/10/30/how-the-binance-hack-happened-and-who-was-behind-it"
  },
  "original_language": "en",
  "account": "Binance, the world's largest cryptocurrency exchange, experienced a massive hack resulting in the theft of $6.3 billion (€5.6 billion). Experts believe a North Korean hacking group, known as TraderTraitor, was responsible for the \"biggest hack in history\". The attack occurred over a span of four hours, with hackers gaining access to several wallets via a compromised laptop and transferring funds to their own wallets. Binance managed to freeze $2.7 billion of the stolen funds, but the remaining $3.1 billion remains untouched. The company has suspended deposits and withdrawals, revoked the affected address authorisation, and is working with law enforcement and blockchain partners to trace and recover the stolen funds.",
  "summary": "Investigators say several factors may have been involved, including a compromised DevOps engineer’s laptop, with signs pointing to North Korean actors being responsible.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 10,
    "also_reported_by": [
      {
        "outlet": "Cointelegraph",
        "title": "Binance investigates potential multibillion-dollar hack",
        "url": "https://urgent.news/2026/10/29/binance-investigates-potential-multibillion-dollar-hack",
        "published": "2026-10-29T21:24:36.000Z"
      },
      {
        "outlet": "CNBC",
        "title": "Circle, Tether freeze funds impacted by potential Binance 'security issue'",
        "url": "https://urgent.news/2026/10/29/circle-tether-freeze-funds-impacted-by-potential-binance-security",
        "published": "2026-10-29T22:03:55.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "Binance \"temporarily suspended\" all deposits and withdrawals as it investigates security issues and works with law enforcement; Binance.US says it's unaffected (George Steer/Financial Times)",
        "url": "https://urgent.news/2026/10/30/binance-temporarily-suspended-all-deposits-and-withdrawals-as-it",
        "published": "2026-10-30T01:35:00.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "TRM Labs attributes the Binance hack to North Korea-based TraderTraitor, which drained ~$6.36B from Binance wallets across 10 blockchains, mostly in ~20 minutes (Tom Westbrook/Reuters)",
        "url": "https://urgent.news/2026/10/30/trm-labs-attributes-the-binance-hack-to-north-korea-based",
        "published": "2026-10-30T05:00:14.000Z"
      },
      {
        "outlet": "BBC News",
        "title": "What we know about Binance's $6.3bn hack",
        "url": "https://urgent.news/2026/10/30/what-we-know-about-binances-6-3bn-hack",
        "published": "2026-10-30T08:02:02.000Z"
      },
      {
        "outlet": "Winnipeg Free Press",
        "title": "Blockchain intelligence firms link North Korea to $6.3B hack on Binance",
        "url": "https://urgent.news/2026/10/30/blockchain-intelligence-firms-link-north-korea-to-6-3b-hack-on-binance",
        "published": "2026-10-30T08:28:20.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "FBI and US Secret Service working with Binance after $6.3 billion hack, source says",
        "url": "https://urgent.news/2026/10/30/fbi-and-us-secret-service-working-with-binance-after-6-3-billion-hack",
        "published": "2026-10-30T11:53:12.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "FBI and US Secret Service working with Binance after $6.3 billion hack, source says",
        "url": "https://urgent.news/2026/10/30/fbi-and-us-secret-service-working-with-binance-after-6-3-billion-hack",
        "published": "2026-10-30T11:54:36.000Z"
      },
      {
        "outlet": "NPR",
        "title": "Blockchain intelligence firms link North Korea to $6.3B hack on Binance",
        "url": "https://urgent.news/2026/10/30/blockchain-intelligence-firms-link-north-korea-to-6-3b-hack-on-binance-17231738",
        "published": "2026-10-30T13:01:22.000Z"
      }
    ]
  },
  "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."
}