Episode briefing / Crypto News Today
Binance Hacked for $6.3 BILLION
Episode notes
Binance Suffers a Record $6.3 Billion Crypto Hack
The world's largest cryptocurrency exchange has suffered what investigators describe as the biggest cryptocurrency theft in history. Approximately $6.3 billion in digital assets was stolen from Binance, with investigators identifying possible links to North Korean hackers.
And frankly, we've had enough. After the Bybit attack, the continuing wave of crypto exploits and now this extraordinary Binance breach, serious questions need answering about the security of the cryptocurrency industry.
In today's Daily Crypto Deep Dive , we investigate:
IMPORTANT SCHEDULE UPDATE: We've moved our regular Friday CoinMarketCap sentiment edition to Saturday, 31 October, to give this developing Binance security incident the coverage it deserves.
Our message is simple: Don't assume that the biggest exchange automatically means the safest place to store your long-term cryptocurrency investments. Understand your custody risks and consider whether a hardware wallet is right for you.
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These notes are supplied by Crypto News Today and are not a transcript. No separate source links were supplied with this edition.
Key topics in this edition
- 01
What happened during the Binance hack on 29 October 2026.
- 02
How attackers reportedly bypassed security controls without stealing private keys.
- 03
Why blockchain investigators suspect North Korean involvement.
- 04
Where the stolen billions went and how much has been frozen.
- 05
Binance's promise to cover customer losses and the withdrawal restrictions.
- 06
Why hardware wallets, cold storage and self-custody deserve serious consideration.
- 07
How to protect yourself from phishing scams and fraudulent recovery services.