Recap: How Binance’s record $6.3B hack unfolded

A recap of Cointelegraph’s live coverage of the Binance hack, including early breach reports and the exchange’s full reimbursement pledge.

This article summarizes Cointelegraph’s coverage of the Binance hack as it unfolded. See the full timeline for detailed updates here.

Hackers stole about $6.3 billion from Binance on Thursday, in what is now the largest cryptocurrency theft on record. Industry partners have frozen roughly $3 billion in affected assets, while customers await the reopening of withdrawals.

As with Bybit’s $1.5 billion loss in February 2025 and September’s Bitget breach, onchain investigators attributed Binance’s record-breaking exploit to North Korea-backed hackers.

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