High-tech robbers snatch $6.3 billion from Binance crypto exchange

Binance, the world's largest cryptocurrency exchange, said late Thursday that a major security incident had an estimated total impact of about $6.3 billion -- in what analysts say is the largest crypto theft on record.

High-tech robbers snatch $6.3 billion from Binance crypto exchange

TL;DR

  • Binance experienced a major security incident.
  • The estimated total impact is approximately $6.3 billion.
  • This is reportedly the largest crypto theft on record, according to analysts.