North Korean attackers stole approximately $6.4 billion from Binance in the largest cryptocurrency exchange hack on record.

Security & Exploits · 2026-10-31

Binance Co-CEO reported that attackers exploited self-destruct mechanisms and EIP-7702 to circumvent security controls in connection with a $6.3 billion theft investigation. According to the exchange, the company has replenished 90% of the stolen assets using $6.34 billion in reserves, with the SAFU fund covering remaining losses.

Previously on Telem

Binance co-CEO announces exchange will cover $6.3B security breach losses 2026-10-31
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Binance pursues Malaysia operating license after five-year absence 2026-10-31
Chainalysis reports hack exposing customer names and emails 2026-10-31
Binance hack causes $6.3B loss, Bitcoin drops to six-week low 2026-10-31