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How big a deal is the $6.3bn Binance crypto heist, who did it, and are investments safe?

Grand Herald dollar-liquidity note (2026-10-30): The incident at Binance could be the biggest theft of any kind in history. We answer some key questionsNorth Korean group blamed for $6.3bn crypto heistTell… Primary source: original at Guardian Banking (theguardian.com).

· Guardian Banking

The incident at Binance could be the biggest theft of any kind in history. We answer some key questions

The world’s largest cryptocurrency exchange has been hit by a $6.3bn heist that, according to experts, is likely to be the work of North Korea.

This is not the first time a crypto market has been targeted by hackers, and the rogue state has a track record of this type of theft. Here we answer some key questions about what’s happened:

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