Hackers steal $6.3 billion from Binance in record crypto heist

Binance, the world's largest cryptocurrency exchange, has been hacked, resulting in an estimated $6.3 billion loss. The hack is believed to be linked to a North Korean unit called TraderTraitor, which compromised an engineer's laptop to withdraw funds. Binance has suspended all withdrawals and is working with law enforcement to investigate and freeze affected assets. The company has reserved over $6.34 billion in company funds to cover the incident, with $5 billion already held in the impacted token assets.