Binance has confirmed that it suffered what it described as a sophisticated cyberattack, according to SWI swissinfo.ch. Reports cited by the outlet put the amount involved at $6.3 billion. The confirmation was published on Friday, 30 October 2026.
Coverage of the incident spread quickly across international outlets. El Mundo described the episode as a $6.3 billion theft at the world's largest cryptocurrency exchange. La Vanguardia called it the biggest crypto robbery on record and noted speculation linking it to North Korea. elDiario.es reported that the platform also halted withdrawals of deposits.
The market reaction was immediate. Expansión reported that bitcoin dropped to its lowest level in a month and a half following news of the theft.
The reports provide limited detail beyond the scale of the losses and the exchange's confirmation. Binance has not, in the material available, disclosed how the attack was carried out or which assets were affected. The North Korea connection reported by La Vanguardia has likewise not been confirmed in the sourcing available here.
What to watch next: whether Binance restores deposit withdrawals and publishes a fuller account of how the breach occurred, and whether investigators substantiate the reported North Korean link.
