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Binance says it has replenished 90% of the $6.3bn stolen in a record heist blamed on North Korean hackers

Binance halted all withdrawals after a hack through a single engineer's laptop drained an estimated $6.3bn — surpassing the previous record $1.5bn Bybit breach in 2025.
Binance halted all withdrawals after a hack through a single engineer's laptop drained an estimated $6.3bn — surpassing the previous record $1.5bn Bybit breach in 2025.
Kim Jong Un, whose country's TraderTraitor unit carried out the Binance raid using access gained through a compromised DevOps engineer's laptop, according to investigators.
Kim Jong Un, whose country's TraderTraitor unit carried out the Binance raid using access gained through a compromised DevOps engineer's laptop, according to investigators.

Binance co-CEO Richard Teng confirmed on Saturday that the exchange has set aside $6.34 billion in company funds to make users whole, drawing on its Secure Asset Fund for Users, its Futures insurance fund, and its corporate treasury. Withdrawals remain suspended but Binance says it is on track to reopen them on Sunday 1 November.

The remaining 10% consists of less liquid tokens that may take longer to source, but Teng pledged: 'Our users will not bear the financial impact of this incident.'

The $6.3bn heist — executed in roughly 20 minutes via a compromised engineer's laptop — is believed to be the largest crypto theft ever, eclipsing the $1.5bn Bybit hack in 2025.

North Korean elite hacking unit TraderTraitor is blamed, with TRM Labs saying it holds 'high confidence' in that attribution; Trump said on Friday: 'We're looking at that.'

MoreThe IndependentBinance says it covered 90% of losses from $6.3 billion hack so farThe HillBinance recovers 90 percent of stolen assets from hackLBCCrypto firm Binance says it has replenished 90% of losses after $6.3bn hackBBC NewsCrypto firm Binance covers 90% of losses after $6.3bn hackNY PostBinance has already refunded 90% of stolen $6.3 billionThe SunCrypto stolen from Binance is restored after hackers swipe $6.3bn in just minutes ‘in biggest bank heist in history’AP NewsWhat to know about the $6.3B hack on Binance, likely the biggest-ever crypto theft - AP NewsLBCBinance hack: How $6.3bn was stolen in biggest ever crypto theftABP NewsBinance Hit By $6.3-Billion Crypto Heist? What We Know About The Biggest HackNYTBinance Lost Over $6 Billion in Crypto Hack. Here’s What to Know.BBCCrypto giant Binance attempting to recover $6.3bn stolen in hack linked to North Korea - BBCAxiosHow North Korea perfected the crypto heist - Axios
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