Nine.com.au1d ago

World’s largest crypto exchange hit by suspected North Korean hack in world’s largest heist

AI Market Summary

The reported $6bn theft at Binance and withdrawal suspension hit crypto confidence, with roughly half reportedly frozen and Bitcoin sliding toward $77,000. The scale and suspected North Korean involvement raise custody, liquidity and counterparty concerns, likely sustaining short-term risk aversion across crypto and related equities.

Impact level

● High

Affected assets

BTC/USDT+0.28%

AI Insight · BTC/USDTAI Insight

▼ Bearish

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Binance said it has begun recovering affected assets in the $6 billion heist and is continuing to work with law enforcement and blockchain intelligence firms to trace additional funds.

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