Monday, 2 November, 2026
The Great Crypto Drain: Binance Suffers Record Heist
By TechShots Studio
Binance, the world's largest crypto exchange, suffered history's largest hack, losing $6.3 billion in a cyberattack attributed to North Korea's TraderTraitor group. After Binance covered 90% of losses using corporate reserves and SAFU emergency funds, it reopened withdrawals. Panicked users rapidly withdrew a net $3.6 billion ($4.7 billion in total outflows against $1.01 billion in deposits) within hours of reopening.
Read full story at LIVEMINT