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How a $6 billion hack became the biggest crypto theft in history

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6h agonow

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The National
“How a $6 billion hack became the biggest crypto theft in history”

Binance Holdings, the world's largest cryptocurrency exchange, lost an estimated $6.3 billion to hackers early on Friday, in what has been described as the single biggest theft of crypto on record, exceeding the $1.5 billion stolen from Bybit in February 2025 . What happened? Funds began leaving Binance's hot wallets, which are connected to the internet to process customer withdrawals, at about 12.24am UAE time on October 30. A single transaction moved roughly 167,464 Ether, worth about $388…

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