The FBI attributes the $6.3B Binance hack to North Korea's elite hacking unit TraderTraitor, which the agency has also blamed for the $1.5B Bybit hack in 2025
but if it is, we'll talk to North Korea about it.”Hari /@hrkrshnn:...There's interest in bringing back ‘letters of marque and reprisal’ to counteract the cybercrime that North Korea is committing... T...
Binance pledges to cover all losses from a ~$6.3B hack, potentially the largest crypto theft ever, surpassing the $1.5B Bybit hack in February 2025
South China Morning Post:
Binance pledges to cover all losses from a ~$6.3B hack, potentially the largest crypto theft ever, surpassing the $1.5B Bybit hack in February 2025
Binance, the world's largest cryptocurrency exchange by trading volume, has pledged to cover all losses from a hack that it said drained around US$6.3 billion from its wallet.
Crypto exchange Bybit plans to offer banking services via “MyBank” accounts that can hold USD and other currencies, set to launch in February pending approvals
Crypto exchange Bybit plans to start offering banking services with the launch of accounts that will let customers hold balances …
Chainalysis and TRM Labs estimate that $2.7B was stolen in crypto in 2025 in total, up from $2.2B in 2024; the biggest hack was the $1.4B breach at Bybit
Cybercriminals stole $2.7 billion in crypto this year, a new record for crypto-stealing hacks, according to blockchain-monitoring firms.
Thailand files charges against, and orders the blocking of crypto exchanges Bybit, CoinEx, OKX, 1000X, and XT.com from June 28 for operating without a license
OKX, Bybit, 1000x, and XT are among the exchanges that will be blocked in Thailand by the end of June. — What to know:
After the ~$1.5B hack, Bybit borrowed about $280M in ether from crypto industry peers to help process 350,000 customer withdrawal requests over 10 hours
Wall Street Journal :
Source: Bybit hackers planted malicious code to manipulate transactions by compromising a developer's computer at crypto wallet provider Safe, used by Bybit
On the night of Feb. 21, Ben Zhou, the chief executive of the cryptocurrency exchange Bybit, logged on to his computer to approve what appeared to be a routine transaction.
After the ~$1.5B hack, Bybit borrowed about $280M in ether from crypto industry peers to help process 350,000 customer withdrawal requests over 10 hours
Wall Street Journal :