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Binance Hack Sends Crypto Stocks Tumbling

30 October 2026 at 15:06
The rout hit publicly traded crypto exchanges and fintech companies, as well as cryptocurrencies like Bitcoin.

© Marco Bello/Getty Images

A Binance booth at the Bitcoin 2022 Conference in Miami Beach, Fla. The Binance breach on Thursday has rattled markets.

Binance Suspends Withdrawals After Crypto Hackers Steal $6.3 Billion

The crypto exchange said it was compromised in what could be the biggest crypto heist ever. One research lab attributed the theft to “North Korea’s elite hacking unit.”

© Antonio Masiello/Getty Images

Changpeng Zhao, Binance’s founder, said the incident “does look like a hack.”
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