Binance, the world’s largest cryptocurrency exchange, has suffered a security breach with an estimated impact of $6.3 billion, Reuters reports, describing it as the biggest crypto heist ever.
Binance said it had worked with partners to freeze the affected assets, with about $3 billion located so far. It gave no update on the status of the remaining $3.3 billion.
Binance co-founder Yi He said the company would cover “all hacking losses”.
The incident sent crypto prices lower. Bitcoin hit a six-week low and was last down 3% at $76,469.82, while ether was down more than 3% at $2,185.83, Reuters reported.
The breach dwarfs the previous largest crypto theft in Reuters’ list: the February 2025 theft of digital tokens worth $1.5 billion from exchange Bybit.
Source: Reuters — https://www.reuters.com/legal/government/where-binances-63-billion-breach-ranks-cryptos-biggest-hacks-heists-2026-10-30/
