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October 31, 2026

  • Binance traced the $6.3 billion theft to a compromised DevOps engineer's laptop, which enabled unauthorized withdrawals; the exchange says no private keys leaked and user funds are covered. Roughly $3 billion is frozen on-chain, including 1.567 billion USDT by Tether and 800 million USDC by Circle. TRM Labs and other blockchain analysts attribute the operation to North Korea's TraderTraitor, making this the largest single crypto theft on record. Deposits resumed; withdrawals remain suspended pending a service overhaul (BleepingComputer, SecurityWeek); earlier coverage. · Threat Intelligence

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