Binance exchange says it will cover customer losses as it scrambles to freeze affected assets, with about $3bn located so far
The world’s largest cryptocurrency exchange has been hit by a record $6.3bn (£4.7bn) hack described as the biggest heist in history, with experts identifying North Korea as the likely culprit.
Binance said it would cover all customer losses as it froze $3bn of the affected assets.
Analysts said the exchange had been subjected to an unprecedented attack with “never-seen-before” laundering patterns as the hackers made off with assets worth billions of dollars.
Isn’t it just safe to assume that anyone investing in crypto in 2026 that isn’t laundering money, or up to some other criminal activity is about to lose their investment anyway. This is just stealing from other criminals.
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You sound like a person that should be looking into buying gold. The real thing not shares in gold, the kind you can hold in your hand and put in your own safe.
If they’re keeping it on an exchange, then they’re investing in promises, not investing in crypto.