Binance Reports $6.3 Billion Hack, Half of Funds Frozen

Binance, the world’s largest cryptocurrency exchange, confirmed that hackers stole roughly $6.3 billion (about £4.7 billion) from its platform. The exchange has frozen about half of the stolen assets, while the remainder remains in the hands of the attackers. Two independent analytics firms have linked the breach to a North Korean hacking unit, though no group has claimed responsibility, and Binance has not commented on any potential ties to North Korea. The incident is being monitored closely by regulators and the broader crypto community.