Qatari mediators return to Tehran as US strike fears grow before midterms Binance loses $6.3bn in record crypto theft, North Korea blamed Tech rout deepens as Amazon and Intel results stoke AI spending fears Limpet mines hit Hormuz tanker as Iran blames ships for using unauthorised routes Ukraine resumes refinery strikes as Russian attacks kill about 20 Hundreds leave Oleshky under truce as Europe fears exclusion from talks Oil and gas stay high as eleven EU states release oil reserves Study links 3,560 Indonesian deaths in September to fire smoke as Singapore widens haze probe Spain blames control-centre errors for Toledo train crash Coalition talks begin in deadlocked Israel as foreign-funding probe widens Saudi Arabia reports Houthi drone near Mecca as Taiz and Aden suffer Protests over prices and youth prospects reach Italy and Germany after French unrest Novaya Gazeta to close after eviction and loss of donations Bank of Japan holds rates but says 2% goal reached, as Fed and ECB signal hikes Tech stocks slide after Blackstone flags junk rating for Anthropic Justice Department widens Alaska and California election probes as Trump restores rallies African health ministers keep borders open as Ebola spreads Drone strikes on displaced-persons camp in Ethiopia's Amhara kill 14 to 16 BP profit jumps as Middle East war lifts refining margins US moves to bar Chinese testing labs and curb telecoms as China denies Nvidia spy report AI demand lifts chip and electronics firms across Asia Israel blows up homes in Hebron as siege forces 5,000 to flee El Salvador sends more than 2,000 troops to Haiti after ambush Nigerian probe finds 33 detainees died in civil-defence custody French economy contracts 0.1% as German growth beats forecasts G20 foreign ministers divided over wars; group photo cancelled Canada and EU launch 'Alliance for the Future' at Montreal summit Kim demands drone expansion as Seoul vows firm response to border breaches Xi urges EU and Germany to stay anchored in partnership as trade curbs loom UN bodies warn of war crimes and ethnic cleansing fears in Gaza despite ceasefire Serbia's Student List pushes to review institutions after election win Senior RSF commander defects as investigation maps wartime rape in Sudan Brčko mourns four EUFOR members killed in Italian helicopter crash China's party plenum ends with purge of 33 and PLA anti-graft expansion Volkswagen pauses electric Golf as Audi profit falls 87% and guidance is cut Mayon volcano erupts in the Philippines, evacuations ordered Machado returns to Venezuela urging 2027 elections as Rodríguez promises a vote without a date China stages military patrols and coastguard drills in disputed South China Sea Flávio Bolsonaro flees to Miami and draws ridicule as Trump reportedly will not back his claim Hong Kong officials apologise over Tai Po fire, survivors say it came too late Russia-Africa summit in Moscow ends as Putin turns to bilateral talks Polish president turns back from Senegal as Constitutional Court chief is suspended Irish government to assess possibility of unity with Northern Ireland Dockworkers strike in ports across 22 countries over arms shipments Qatari mediators return to Tehran as US strike fears grow before midterms Binance loses $6.3bn in record crypto theft, North Korea blamed Tech rout deepens as Amazon and Intel results stoke AI spending fears Limpet mines hit Hormuz tanker as Iran blames ships for using unauthorised routes Ukraine resumes refinery strikes as Russian attacks kill about 20 Hundreds leave Oleshky under truce as Europe fears exclusion from talks Oil and gas stay high as eleven EU states release oil reserves Study links 3,560 Indonesian deaths in September to fire smoke as Singapore widens haze probe Spain blames control-centre errors for Toledo train crash Coalition talks begin in deadlocked Israel as foreign-funding probe widens Saudi Arabia reports Houthi drone near Mecca as Taiz and Aden suffer Protests over prices and youth prospects reach Italy and Germany after French unrest Novaya Gazeta to close after eviction and loss of donations Bank of Japan holds rates but says 2% goal reached, as Fed and ECB signal hikes Tech stocks slide after Blackstone flags junk rating for Anthropic Justice Department widens Alaska and California election probes as Trump restores rallies African health ministers keep borders open as Ebola spreads Drone strikes on displaced-persons camp in Ethiopia's Amhara kill 14 to 16 BP profit jumps as Middle East war lifts refining margins US moves to bar Chinese testing labs and curb telecoms as China denies Nvidia spy report AI demand lifts chip and electronics firms across Asia Israel blows up homes in Hebron as siege forces 5,000 to flee El Salvador sends more than 2,000 troops to Haiti after ambush Nigerian probe finds 33 detainees died in civil-defence custody French economy contracts 0.1% as German growth beats forecasts G20 foreign ministers divided over wars; group photo cancelled Canada and EU launch 'Alliance for the Future' at Montreal summit Kim demands drone expansion as Seoul vows firm response to border breaches Xi urges EU and Germany to stay anchored in partnership as trade curbs loom UN bodies warn of war crimes and ethnic cleansing fears in Gaza despite ceasefire Serbia's Student List pushes to review institutions after election win Senior RSF commander defects as investigation maps wartime rape in Sudan Brčko mourns four EUFOR members killed in Italian helicopter crash China's party plenum ends with purge of 33 and PLA anti-graft expansion Volkswagen pauses electric Golf as Audi profit falls 87% and guidance is cut Mayon volcano erupts in the Philippines, evacuations ordered Machado returns to Venezuela urging 2027 elections as Rodríguez promises a vote without a date China stages military patrols and coastguard drills in disputed South China Sea Flávio Bolsonaro flees to Miami and draws ridicule as Trump reportedly will not back his claim Hong Kong officials apologise over Tai Po fire, survivors say it came too late Russia-Africa summit in Moscow ends as Putin turns to bilateral talks Polish president turns back from Senegal as Constitutional Court chief is suspended Irish government to assess possibility of unity with Northern Ireland Dockworkers strike in ports across 22 countries over arms shipments

Symbolic image: Binance loses $6.3bn in record crypto theft, North Korea blamed

Symbolic image

Binance loses $6.3bn in record crypto theft, North Korea blamed

18 sources

Hackers drained about $6.3bn from Binance, the world's largest crypto exchange, in what analysts call the biggest crypto heist ever. TRM Labs attributes the attack to North Korea's TraderTraitor unit.

Binance said on Friday, 30 October, that a security breach had an estimated $6.3bn impact. TRM Labs says an attacker moved about $6.36bn out of Binance wallets on ten blockchains, most of it in about 20 minutes, and attributes the attack with high confidence to TraderTraitor, North Korea's elite hacking unit. Binance's initial investigation suggests a hacked laptop of one engineer let the attacker reach a system and make unauthorized withdrawals. Bloomberg reports that the FBI is scrutinising the case.

Freezing and compensation

Binance says it froze affected assets with partners and has located about $3bn so far; it gave no update on the other $3.3bn. Co-founder Yi He said the company would cover all hacking losses, and deposits and withdrawals were suspended.

Markets react

Bitcoin fell more than 3% to a six-week low of $76,368, and Coinbase shares slid 4.8% in extended US trading. HashKey's Tim Sun said investors may reassess the safety of assets held on centralized exchanges.

Not the first

The Financial Times notes that North Korean hackers stole $1.5bn from Bybit in February 2025, according to the FBI. Binance itself lost about $570mn in 2022.