$6.3 billion gone in 20 minutes: ‘North Korean hackers’ hit Binance in world’s biggest crypto heist

Hackers stole $6.3 billion from Binance, the world’s biggest cryptocurrency exchange, in a record theft that analysts pinned on North Korea and said could shake faith in digital assets.

Cryptocurrency prices fell on the news, while Binance halted withdrawals and said it would cover the losses. About half the stolen assets were quickly frozen by stablecoin issuers such as Tether, Circle and the Trump-backed World Liberty Financial.