Binance hack: Users withdraw $3.6bn after record crypto heist
Binance experienced a massive $3.6 billion net outflow of assets after reopening following a record-breaking $6.3 billion cyber-attack. The FBI and other agencies have linked the hack to North Korean actors, while Binance works to recover stolen funds.
Why it matters
The incident represents one of the largest security breaches in cryptocurrency history, testing the stability of the world's largest exchange.
Image source, Reuters By Osmond Chia Business reporter Published 2 November 2026, 00:26 GMT Updated 4 hours ago Binance customers withdrew $3.6bn (£2.7bn) of assets from the world's biggest cryptocurrency exchange as it reopened on Sunday following what is believed to be the largest hack in history.
The firm suspended all transactions in the wake of the incident, which impacted $6.3bn worth of digital assets.
Major organisations, including the US Federal Bureau of Investigation (FBI), have accused North Korea of being responsible for the cyber-attack .
The company said it has covered around 95% of the assets stolen in the breach but the remaining amount may take longer to source. Binance has repeatedly said it would cover all of the losses linked to the attack.
Headlinne story · 8 newsrooms
Binance Resumes Withdrawals After Hackers Steal Billions in Crypto
What every outlet reported, where they differ, and how each framed it →
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