{
  "id": 17524705,
  "title": "North Korean hackers behind $6.3 billion Binance crypto heist, says FBI",
  "url": "https://urgent.news/2026/11/01/north-korean-hackers-behind-6-3-billion-binance-crypto-heist-says-fbi",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-01T02:17:28.000Z",
  "source": {
    "name": "Business Standard IN",
    "slug": "business-standard-in",
    "url": "https://www.business-standard.com/world-news/north-korean-hackers-behind-6-3-billion-binance-crypto-heist-says-fbi-126110100038_1.html"
  },
  "original_language": "en",
  "account": null,
  "summary": "The FBI has accused North Korea of stealing more than $6 billion in virtual assets from the cryptocurrency exchange Binance on or about October 29, 2026. The theft, which occurred within a 30-minute window, is believed to be the largest cryptocurrency heist in history. The FBI linked the attack to a North Korea-affiliated group known as TraderTraitor, the same entity responsible for a $1.5 billion theft from the Bybit platform last year. According to the FBI, the attackers drained Binance's internet-connected \"hot wallets\" and were observed converting stolen assets primarily into Ethereum.\n\nThe stolen assets included Bitcoin, Ether, and stablecoins such as Tether and USD Coin. While investigators and stablecoin issuers have frozen approximately $2.8 billion in stablecoins, the FBI noted that Bitcoin and Ether lack a central issuer capable of blocking their movement. The FBI has urged crypto exchanges and blockchain analytics companies to block transactions linked to various addresses to prevent the assets from being laundered through decentralized finance and instant swap services.\n\nThe cyberattack caused a slump in major cryptocurrency prices on Friday. Straits Times Business reported that Bitcoin fell about 5% over 24 hours following the October 29 incident, while Ether lost about 5.7% before recovering some ground. In response to the heist, Binance co-chief executive Richard Teng stated the exchange is working to recover the assets, and RTE News reported that Binance has used company funds to replenish 90% of what was stolen.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 12,
    "also_reported_by": [
      {
        "outlet": "Daily Times",
        "title": "North Korea blamed after hackers steal $6.3 billion from Binance in record crypto heist",
        "url": "https://urgent.news/2026/10/31/north-korea-blamed-after-hackers-steal-6-3-billion-from-binance-in",
        "published": "2026-10-31T06:30:01.000Z"
      },
      {
        "outlet": "NDTV",
        "title": "Inside World's Largest Crypto Heist: How Binance's $6.3 Billion Was Stolen",
        "url": "https://urgent.news/2026/10/31/inside-worlds-largest-crypto-heist-how-binances-6-3-billion-was-stolen",
        "published": "2026-10-31T09:30:50.000Z"
      },
      {
        "outlet": "France 24",
        "title": "Binance hit by 6.3 billion dollar crypto theft",
        "url": "https://urgent.news/2026/10/31/binance-hit-by-6-3-billion-dollar-crypto-theft",
        "published": "2026-10-31T11:16:54.000Z"
      },
      {
        "outlet": "CNBC",
        "title": "Binance, crypto and hacks: What to know about keeping coin safe as cyber criminals advance",
        "url": "https://urgent.news/2026/10/31/binance-crypto-and-hacks-what-to-know-about-keeping-coin-safe-as",
        "published": "2026-10-31T14:26:29.000Z"
      },
      {
        "outlet": "PBS NewsHour",
        "title": "What to know about the $6.3B hack on Binance, likely the biggest-ever crypto theft",
        "url": "https://urgent.news/2026/10/31/what-to-know-about-the-6-3b-hack-on-binance-likely-the-biggest-ever",
        "published": "2026-10-31T15:14:44.000Z"
      },
      {
        "outlet": "NPR",
        "title": "A simple explainer of the massive $6.3 billion crypto heist at Binance",
        "url": "https://urgent.news/2026/10/31/a-simple-explainer-of-the-massive-6-3-billion-crypto-heist-at-binance",
        "published": "2026-10-31T18:11:02.000Z"
      },
      {
        "outlet": "Ajel English",
        "title": "FBI accuses North Korea of $6 billion Binance crypto theft",
        "url": "https://urgent.news/2026/10/31/fbi-accuses-north-korea-of-6-billion-binance-crypto-theft",
        "published": "2026-10-31T23:08:57.000Z"
      },
      {
        "outlet": "Japan Times",
        "title": "FBI blames North Korea for $6 billion Binance crypto hack",
        "url": "https://urgent.news/2026/10/31/fbi-blames-north-korea-for-6-billion-binance-crypto-hack",
        "published": "2026-10-31T23:21:00.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "FBI blames North Korea for US$6.34b Binance crypto heist",
        "url": "https://urgent.news/2026/11/01/fbi-blames-north-korea-for-us-6-34b-binance-crypto-heist",
        "published": "2026-11-01T00:50:28.000Z"
      },
      {
        "outlet": "Tech in Asia",
        "title": "Binance says it has covered 90% of $6.3b crypto theft",
        "url": "https://urgent.news/2026/11/01/binance-says-it-has-covered-90-of-6-3b-crypto-theft",
        "published": "2026-11-01T01:21:40.000Z"
      },
      {
        "outlet": "Le Monde English",
        "title": "FBI accuses North Korea of $6 billion crypto theft from Binance",
        "url": "https://urgent.news/2026/11/01/fbi-accuses-north-korea-of-6-billion-crypto-theft-from-binance",
        "published": "2026-11-01T02:13:38.000Z"
      }
    ]
  },
  "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."
}