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Binance confirms a $6.3 billion hack, which analysts call the largest crypto theft in history, with Bitcoin falling over 3%.
Binance confirmed a $6.3 billion hack, which analysts are calling the largest crypto theft in history, with U.S. blockchain analytics firms TRM Labs and Chainalysis linking it to North Korea. Binance stated it has frozen approximately $3 billion of the stolen assets and pledged to fully cover all losses. Following this news, Bitcoin fell over 3% to a six-week low of $76,368, Ether dropped over 3% to a two-month low of $2,178, and BNB declined 5% to $709.70. Coinbase Global shares fell 4.8%, and Bitcoin buyer MicroStrategy's stock dropped nearly 6% in after-hours trading.
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