Updated on: October 30, 2026 / 2:10 PM EDT / CBS/AP
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A U.S.-based blockchain intelligence firm said a North Korean cyber unit was likely behind an attack that stole $6.3 billion from Binance, the world's biggest cryptocurrency exchange.
Binance said on Friday that deposits were unaffected, while withdrawals were suspended and are expected to resume in the next day or two. The company, which worked with blockchain partners to freeze roughly $3 billion in affected assets, also said it will cover all customer losses.
In a social media post, Binance said that an initial investigation suggested the incident may have involved a compromised laptop, while a subsequent probe uncovered additional "points of breach."
Crypto industry analysts say the hack against Binance is the largest cyber heist ever.
What is TraderTraitor?
In a post on its website Thursday, tech security firm TRM Labs attributed the attack to TraderTraitor, which it described as North Korea's elite hacking unit.…