North Korea Steals USD 6.36 Billion from Binance in the Largest Hack in History
Summary
TRM Labs reports the October 29, 2026 Binance hack, where an attacker moved about USD 6.36 billion across ten blockchains, making it the largest crypto theft on record. The investigation attributes the attack to TraderTraitor, North Korea’s elite hacking unit, based on on- and off-chain intelligence, and details how an EIP-7702 delegation enabled the hot wallet compromise. The piece also covers downstream freezes by major issuers and recommendations for exchanges and treasury teams to monitor for delegations, tighten signing policies, and improve incident response workflows.