# Binance probes suspected record $6.3bn cryptocurrency security breach

- URL: https://talkfuse.com/story/what-we-know-so-far-about-the-binance-hack/
- Published: 2026-10-30T14:17:32+00:00
- Original publisher: BBC Technology (publisher lean: Centre)
- Original article: https://www.bbc.co.uk/news/articles/cm5yn8eqg3npo?at_medium=RSS&at_campaign=rss
- Topics: Business, Crypto, Cybersecurity, Technology

## Key points

- Binance is investigating a suspected $6.3bn hack.
- The exchange says it will cover all user losses.
- Around $3bn in affected assets has reportedly been located.

## Summary

Binance says it is investigating a security breach believed to involve about $6.3bn (£4.7bn), potentially the largest cryptocurrency hack recorded. The exchange’s co-chief executive said it would cover users’ losses, while deposits and withdrawals were temporarily suspended as a precaution.

Binance’s initial investigation suggests an engineer’s compromised laptop may have given an attacker access to a service container used to submit unauthorised withdrawals. The identity of those responsible is unknown; some analysts have noted similarities to attacks linked to North Korea, but this has not been confirmed. Binance said around $3bn of the affected assets had reportedly been located and it expected withdrawals to resume within 45 hours; its US-focused Binance.US service said it was unaffected.

## Coverage

- [BBC Technology: Binance probes suspected record $6.3bn cryptocurrency security breach](https://www.bbc.co.uk/news/articles/cm5yn8eqg3npo?at_medium=RSS&at_campaign=rss)
- [Ars Technica: Hackers steal $6.3 billion from Binance in record crypto heist](https://arstechnica.com/security/2026/10/hackers-steal-6-3-billion-from-binance-in-record-crypto-heist/)

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.