Crypto platform Binance confirms major hack, more than US$2.5 billion frozen

Binance confirmed a major hack involving approximately US$6.3 billion, with about US$3 billion frozen on-chain to prevent theft. The cyberattack is suspected to be orchestrated by the North Korea-linked hacking group TraderTraitor, and law enforcement and blockchain partners are actively involved in tracing and freezing assets.

This Wire brief sits within Fusion42's coverage of Fintech, and 48 sources have reported it between 29 Oct 2026 and 13 Nov 2026.