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Blockchain intelligence firms link North Korea to $6.3B hack on Binance

Publisher
npr.org (News media)
Original
https://www.npr.org/2026/10/30/g-s1-150902/blockchain-intelligence-firms-link-north-korea-to-6-3b-hack-on-binance
Published
First seen
Last captured
Watched for edits
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Capture history

Newest first. The raw hash is the SHA-256 of the stored copy exactly as fetched. We keep the copy privately and publish its hash. The text hash is of the text extracted from it, which is what is compared between captures.

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firecrawl-web08200edffa6139d564704dd42ff0e81b0d9fa175ff0220e864d5ba6a5ea88355ec2d9457b0670476911fe30c167fcc0e1a3a0f2fbceba6bd3d4b3bc31adb4b3eb22bcNo

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Claims quoted from this source

ReportedamountStatement 39

Binance reported that approximately $6.3 billion was impacted in an apparent hack.

The world's biggest cryptocurrency exchange reported Thursday that approximately $6.3 billion was impacted in an apparent hack.

Speaker
Binance
Publisher
npr.org (News media)
Original
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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ReportedattributionStatement 45

TRM attributed the attack to TraderTraitor, which it described as North Korea's elite hacking unit, with high confidence.

TRM, in a post on its website Thursday, attributed the attack to TraderTraitor, which it described as North Korea's elite hacking unit. "We make this judgment with high confidence," the firm said.

Speaker
TRM Labs
Publisher
npr.org (News media)
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Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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ReportedresponseStatement 51

Changpeng Zhao posted that user funds are safe, but added that the theft does look like a hack on Binance.

Zhao posted Thursday on X that "User funds are safe!" but added that the theft "does look like a hack on Binance."

Speaker
Changpeng Zhao
Publisher
npr.org (News media)
Original
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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ReportedrecoveryStatement 41

Binance announced that it was beginning to recover assets for users on Friday.

It said Friday that it was beginning to recover assets for users.

Speaker
Binance
Publisher
npr.org (News media)
Original
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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ReportedfreezeStatement 40

Binance stated that it worked with blockchain partners to freeze roughly $3 billion in affected assets.

Binance said it worked with blockchain partners to freeze roughly $3 billion in affected assets.

Speaker
Binance
Publisher
npr.org (News media)
Original
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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ReportedwithdrawalsStatement 42

Binance stated that withdrawals have been suspended and are expected to resume in the next day or two.

The cryptocurrency exchange said deposits were unaffected, while withdrawals have been suspended and are expected to resume in the next day or two.

Speaker
Binance
Publisher
npr.org (News media)
Original
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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ReportedresponseStatement 43

Binance stated that it will cover all losses.

It said it will cover all losses.

Speaker
Binance
Publisher
npr.org (News media)
Original
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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Reportedroot causeStatement 44

Binance stated that an initial investigation suggested the incident may have involved a compromised laptop, but a subsequent investigation uncovered additional points of breach.

The company said on X that an initial investigation suggested the incident may have involved a compromised laptop, but that a subsequent investigation uncovered additional "points of breach."

Speaker
Binance
Publisher
npr.org (News media)
Original
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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ReportedamountStatement 46

TRM stated that an attacker moved approximately USD 6.36 billion out of Binance wallets on ten blockchains, most of it in about 20 minutes.

"An attacker moved approximately USD 6.36 billion out of Binance wallets on ten blockchains, most of it in about 20 minutes," TRM said.

Speaker
TRM Labs
Publisher
npr.org (News media)
Original
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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ReportedamountStatement 47

TRM stated that the hack would make it the largest cryptocurrency theft on record.

That would make the hack the largest cryptocurrency theft on record, it said.

Speaker
TRM Labs
Publisher
npr.org (News media)
Original
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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ReportedattributionStatement 48

TRM stated that several features of the attack match earlier North Korea-linked heists, including the Bybit hack.

"Several features of this attack match earlier North Korea-linked heists, including the Bybit hack," TRM said.

Speaker
TRM Labs
Publisher
npr.org (News media)
Original
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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ReportedattributionStatement 49

Jonathan Levin, co-founder and CEO of Chainalysis, wrote that the Binance hack was likely done by DPRK group TraderTraitor.

Blockchain analysis company Chainalysis also believed the Binance hack was "likely done by DPRK group TraderTraitor," its co-founder and CEO Jonathan Levin wrote on X.

Speaker
Jonathan Levin
Publisher
npr.org (News media)
Original
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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ReportedresponseStatement 50

A Binance spokesperson said the company is working closely with law enforcement partners to confirm the identity of the criminals and bring them to justice.

Asked about the potential ties to North Korea, a Binance spokesperson said only that the company is "working closely with our law enforcement partners to confirm the identity of the criminals and bring them to justice."

Speaker
Binance spokesperson
Publisher
npr.org (News media)
Original
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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ReportedresponseStatement 52

The speaker said that he does not manage Binance anymore but, as a shareholder, expects all user funds will be fully covered.

He added that while he doesn't manage Binance anymore, "as a shareholder, I expect all user funds will be fully covered."

Speaker
Changpeng Zhao
Publisher
npr.org (News media)
Original
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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Theoryroot causeStatement 53

The speaker said this looks like one signature that gave the attacker a never-expiring, full-access token to a Binance hot wallet.

"This looks like one signature that gave the attacker a never-expiring, full-access token to a Binance hot wallet," he said, referring to cryptocurrency wallets that hold users' "private keys," or unique authorizations, digitally and which are connected to the internet.

Speaker
Kok Tin Gan
Publisher
npr.org (News media)
Original
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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Reportedroot causeStatement 331

NPR reported that Kok Tin Gan of NyxLab said the event raises questions about why stronger approval controls were not in place.

The event, meanwhile, also raises questions about why stronger approval controls were not in place, said Kok Tin Gan, cofounder and CEO of cybersecurity firm NyxLab.

Speaker
Kok Tin Gan
Publisher
npr.org (News media)
Original
Blockchain intelligence firms link North Korea to $6.3B hack on Binance
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