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According to crypto investigator ZachXBT, the $6.3 billion Binance hack may be the work of the North Korean hacking group TraderTraitor (that is 40% of the country's GDP).
The same group is linked to the attack on Bitget, in which $388 million was stolen.
An additional argument for this version is that the funds stolen in both attacks went to the same crypto address.
Binance plans to resume withdrawals within the next 45 hours, the exchange said in an update on its investigation of the hack.
Binance - potentially the largest hack in crypto history
According to recent reports, the amount of stolen funds may reach $6 billion. If these figures are confirmed, the incident would surpass the largest known thefts in the history of the crypto industry.
For comparison:
• LuBian, 2020 - about $3.5 billion;
• Bybit, 2025 - about $1.5 billion;
• Ronin, 2022 - about $624 million;
• Poly Network, 2021 - about $611 million.
Monero ($XMR) surges amid reports of a possible Binance hack.
The cryptocurrency is known for its enhanced transaction privacy, which is why it is also used to conceal illegal financial operations, including money laundering.
Meanwhile, $3.5 billion has already been withdrawn from Binance.
Binance hacked: over $2.5 billion has already been drained from a hot wallet.
Crypto is falling amid the Binance hack.
AI from OpenAI spent other people's tokens on the Ethereum test network: the model wrote a script that found a wallet with a sufficient balance among 362 addresses with public seed phrases, and then spent it.
