@leannameza:  Inside the White House with Liz Landers Stand with free and independent journalism. Join Press Pass. A new supporter program from PBS News. Passholders enjoy exclusive benefits, including Liz Landers’ newsletter, while making our journalism possible. Issue my Press Pass PBS News Live  By — Kaitlyn Huamani, Associated Press By — Chan Ho-him, Associated Press What to know about the $6.3B hack on Binance, likely the biggest-ever crypto theft World Oct 31, 2026 11:14 AM EST Binance, the world's biggest cryptocurrency exchange, said Friday that hackers stole more than $6 billion in what appears to be the largest cryptocurrency heist on record. Blockchain firms have pointed to the attack coming from a North Korean hacking unit. The company said it has reserved more than $6.34 billion of company funds to cover the stolen assets and was beginning to recover assets for users. Binance worked with blockchain partners to freeze roughly $3 billion in affected assets. WATCH: $6 billion cryptocurrency heist puts investors on edge The cryptocurrency exchange has promised to cover all losses, and it has been sharing regular updates on its social media channels as it uncovers more information about the hack. "We are working nonstop to resolve this," Binance's co-CEO Richard Teng said Friday in a video posted to X. In an exchange Friday with reporters at the White House, President Donald Trump said U.S. officials were investigating the Binance hack. Asked whether North Korea was involved, Trump said: "We're looking at that." Here's what we know about the hack, possible North Korean involvement and Binance's investigation. North Korean hackers are suspected in the attack Binance said on X that an initial investigation suggested the incident may have involved a compromised laptop, but that a subsequent investigation uncovered additional "points of breach." U.S.-based blockchain intelligence firm TRM, in a post on its website late Thursday, attributed the attack to TraderTraitor, which it described as North Korea's elite hacking unit. "We make this judgment with high confidence," the firm said. "An attacker moved approximately USD 6.36 billion out of Binance wallets on ten blockchains, most of it in about 20 minutes," TRM said. "Several features of this attack match earlier North Korea-linked heists." #cryptoheist

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Monday 02 November 2026 00:32:52 GMT