View Pages
Binance Hack: $6.3B Stolen After Engineer’s Laptop Compromised
Hackers stole $6.3B from Binance—largest exchange breach; Tether and Circle froze ~$3B, Binance to cover remainder. Also: Nasdaq vs tokenized stocks, Saylor questioned, Coinbase earnings and wallet security scares.
Editorial companion
What stands out
Scott Melker lays out the scale and mechanics of the Binance breach: hackers extracted $6.3B after compromising an engineer's laptop, making it the largest exchange hack on record, and Tether and Circle froze about $3B of the stolen funds while Binance says it will cover the remainder. He also connects the hack to a wider crypto storyline in the same segment, Nasdaq's fight over tokenized stocks, questions to Michael Saylor about token plans, and why Big Tech earnings rippled through markets more than the hack did, while flagging fresh wallet-security scares and Coinbase's latest earnings report.