Updated: Binance estimates its losses at ~$3B+, making this the largest exploit in crypto history — twice the size of 2025’s Bybit hack, now in second place. Binance blames a compromised devops laptop.
North Korea, also behind Bybit, is the suspected culprit.
Citation NeededAttacker gets away with up to $3 billion from BinanceStablecoin issuers froze about $2.4 billion of the up to $5.5 billion stolen. The rest may exceed Binance’s insurance fund, and the man promising to make users whole isn’t supposed to be running the company.