Kathmandu. The world’s largest cryptocurrency exchange Binance has been hacked. It is considered to be the biggest crypto hack in history. The company has temporarily suspended deposits and exports. <\/p>\n
Crypto experts and analysis firms have estimated that more than $5 billion worth of crypto has been stolen in this hack. Since the incident, Bitcoin and other cryptocurrencies have fallen by more than 5 percent. <\/p>\n
Binance’s digital locker has been broken. A hacker broke into Binance’s security system, infiltrated its systems, and stole billions of dollars worth of crypto coins. <\/p>\n
Instant transaction freeze: Binance has immediately stopped customers’ deposits and transfers to prevent thieves from withdrawing more money as soon as theft is detected. <\/p>\n
Guaranteed Compensation: Binance has assured its customers that their money is safe. If the investigation proves that the customer has suffered any damage, the company will compensate them. <\/p>\n
An investigation has been launched: The company’s security teams are working with international police and cyber experts to find the hackers. The paths of the thieves have been blocked. <\/p>\n
Binance has not yet disclosed the amount of stolen crypto. However, crypto analytics firms have estimated losses of more than $5 billion. <\/p>\n
If the predictions come true, it could be the biggest crypto heist in history. Earlier in 2025, it was the biggest theft by North Korean hackers from the Dubai-based crypto exchange Bybit. At that time, $ 1.5 billion was stolen. This means that the Binance theft is almost four times bigger than the Bybit incident. <\/p>\n
Binance has more than 300 million registered users in more than 100 countries. However, Binance has not yet released the exact number of users whose personal accounts have been affected. It is a matter of relief that Binance’s US division, Binance US, is completely safe from this incident. <\/p>\n
According to Binance, this breach may be related to the hacking of one of the laptops of their developer engineers. The hackers are suspected of accessing the service container through this laptop and submitting unauthorized withdrawal orders. <\/p>\n
Bisense itself has frozen about $3 billion worth of digital assets.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. The world’s largest cryptocurrency exchange Binance has been hacked. It is considered to be the biggest crypto hack in history. The company has temporarily suspended deposits and exports. Crypto experts and analysis firms have estimated that more than $5 billion worth of crypto has been stolen in this hack. Since the incident, Bitcoin and […]<\/p>\n","protected":false},"author":16,"featured_media":321442,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45044,45159],"tags":[],"class_list":["post-321444","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/321444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=321444"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/321444\/revisions"}],"predecessor-version":[{"id":321445,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/321444\/revisions\/321445"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/321442"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=321444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=321444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=321444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}