Brief by Shorts91 Newsdesk / 03:57pm on 30 Oct 2026,Friday International
Hackers stole $6.3 billion from cryptocurrency exchange Binance in a record-breaking attack that unfolded largely within 20 minutes, with analysts expressing high confidence that North Korea was responsible. Binance halted withdrawals, assured users their funds were safe and pledged to cover losses. Stablecoin issuers and other partners froze approximately $3 billion in stolen assets, while the remaining $3.3 billion had not been accounted for. An initial investigation suggested a compromised laptop belonging to a Binance engineer may have provided access to the system. Bitcoin and other cryptocurrencies fell following the breach. Binance said it expected withdrawal services to resume within 48 hours as investigations continued. (PC: Reuters)
