FBI blames North Korea for $6.3bn Binance hack; exchange says 90% covered

· Finance · United States · North Korea

The FBI attributed a $6.3 billion theft from Binance, the world's biggest crypto exchange, to a North Korean group, in what the items describe as a record hack of a digital-asset venue. Binance said it had restored backing for 90% of the assets affected and planned to resume withdrawals on Sunday, subject to security checks. Exchanges are moving to tighten security after the theft. The incident puts custody, hot-wallet controls and exchange solvency at the center of the crypto market's attention, and links the loss to a state-linked actor rather than an ordinary criminal breach.

Why it matters：A record, state-linked theft at the largest venue tests confidence in crypto custody and could accelerate security and reserve-disclosure standards across exchanges.

Key points

  • The FBI publicly blamed a North Korean group for the theft.
  • Binance says withdrawals will resume subject to security checks.
  • Peer exchanges are tightening security after the record loss.

Sources (original reporting)

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