Hackers Steal US$6.3 Billion from Binance in World's Largest Crypto Heist
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Hackers stole US$6.3 billion from cryptocurrency exchange Binance in what is being called the biggest crypto theft in history, with the entire operation completed in just 20 minutes.
Hackers have taken US$6.3 billion from Binance in the largest cryptocurrency heist ever recorded. The operation was carried out in approximately 20 minutes from start to finish.
The US$6.3 billion stolen from Binance surpasses all previously known cryptocurrency thefts, placing this incident in a category of its own in the history of digital financial crime. The speed of the attack — fully executed within a 20-minute window — has drawn widespread attention to how quickly enormous sums can be moved from a major exchange.
Binance is the platform targeted in the theft. The fact that attackers were able to remove the equivalent of billions of dollars in roughly 20 minutes raises significant questions about how rapidly coordinated breaches of this scale can unfold on centralized cryptocurrency platforms.
Reporting has focused on reconstructing the sequence of events that allowed the heist to succeed so swiftly. The combination of the record-breaking sum and the compressed timeframe has made the Binance theft a landmark event in the ongoing discussion around security on digital asset exchanges.
