Binance said hackers stole about $6.3 billion from its internet-connected wallets, prompting the exchange to halt withdrawals and tap company funds to make customers whole. The firm reported freezing roughly $3 billion on-chain and buying additional tokens to replace affected assets, while an investigation found multiple intrusion points but no evidence of leaked private keys. Eric Schiffer, a corporate reputation adviser, warned the incident could presage a broader “AI hacking” wave as attackers deploy increasingly sophisticated tools. U.S. officials, including the Secret Service, are working with industry partners to trace funds, and the Trump administration said it is probing potential North Korean involvement. Blockchain analytics firm TRM Labs attributed the attack to the DPRK-linked TraderTraitor group, underscoring persistent nation-state targeting of crypto infrastructure and the sector’s ongoing trust and security challenges.
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