Binance crypto exchange confirms major hack, more than $2.5 billion frozen
AI-generated illustration
The headline in each newspaper
- THE GUARDIAN: World’s largest crypto exchange investigating reports of potential hack
- BBC NEWS: Crypto giant Binance freezes $2.5bn of assets over suspected hack
- THE INDIAN EXPRESS: World’s largest cryptocurrency exchange Binance probes suspected hack, suspends withdrawals as $3 billion frozen
In short
Binance, the world’s largest crypto exchange, is investigating reports of a possible hack, according to The Guardian.1 The Indian Express reports that Binance suspended withdrawals while probing a suspected hack, with $3 billion frozen.2 According to The Hindu and Geo News, Binance confirms a major hack, with more than $2.5 billion frozen.34 ABC News says billions were stolen from Binance, describing it as the largest crypto hack ever.5
AIMade at 08:16, only from the headlines. Each number links to the source headline. Written when the story had 6 newspapers; it is redone when new newspapers join. How it is made
Compare the papers
Common ground
- The FBI attributes the theft of about $6.3 billion in cryptocurrency from Binance to North Korea, according to Yonhap, CBC News and Al Jazeera, among others.1233 newspapers from 3 countries
- Binance says it has covered about 90% of the losses, according to Geo News and The Guardian.452 newspapers from 2 countries
Where accounts differ
- The figures vary: $6 billion according to The Japan Times and Bangkok Post, $6.3 billion according to Yonhap and The Guardian. Binance says it has covered 90% of the losses (Geo News, The Guardian) or $6 billion of $6.3 billion (The Daily Star, Dawn).671+45489
- The Jerusalem Post reports over $6 billion stolen in 20 minutes, a detail no other headline mentions.10
- TASS and ABC News report only the FBI's accusation, without Binance's response.1112
Background
- 2017Binance, founded in 2017 by Changpeng Zhao, has faced lawsuits and fines, including a $4.3 billion fine in 2023 for violating US anti-money laundering rules.W
- 2024In July 2024, WazirX lost about $234.9 million in an attack that global analysis linked to the Lazarus Group, associated with North Korea.W
- 2025In February 2025, Bybit lost $1.5 billion in an attack, then the largest cryptocurrency theft on record.W
AIMade at 12:21 from 16 headlines from 14 countries; the background, from Wikipedia (CC BY-SA). Each number links to the source. Rules
The headlines, side by side
- The Guardian · United Kingdom · 00:25World’s largest crypto exchange investigating reports of potential hackRead at the newspaper ↗
- BBC News · United Kingdom · 00:45Crypto giant Binance freezes $2.5bn of assets over suspected hackRead at the newspaper ↗
- The Indian Express · India · 01:50World’s largest cryptocurrency exchange Binance probes suspected hack, suspends withdrawals as $3 billion frozenRead at the newspaper ↗
- Daily Maverick · South Africa · 02:55Binance’s possible hack triggers $3 billion freeze in crypto assetsRead at the newspaper ↗
- The Japan Times · Japan · 02:45Binance freezes more than $2.5 billion in assets amid suspected hackRead at the newspaper ↗
- The Hindu · India · 03:50Binance crypto exchange confirms major hack, more than $2.5 billion frozenRead at the newspaper ↗
- ABC News · Australia · 04:05Billions stolen from Binance in largest ever crypto hackRead at the newspaper ↗
- Rappler · Philippines · 04:10Crypto exchange Binance freezes assets after $6.3-billion security breachRead at the newspaper ↗
- Dawn · Pakistan · 04:05Crypto exchange Binance freezes assets after $6.3 billion security breachRead at the newspaper ↗
- Geo News · Pakistan · 06:35Crypto platform Binance confirms major hack, more than $2.5bn frozenRead at the newspaper ↗
- The Sydney Morning Herald · Australia · 06:35‘Biggest hack in history’: Crypto giant freezes assets after $8.9b heistRead at the newspaper ↗
- The Times of Israel · Israel · 07:36World’s largest crypto exchange confirms $6.3 billion hack; analysts blame North KoreansRead at the newspaper ↗
- The Express Tribune · Pakistan · 08:05Binance freezes assets after $6.3 billion heist, crypto industry's biggestRead at the newspaper ↗
- Channels TV · Nigeria · 10:00Crypto Platform Binance Confirms ‘Complex’ $6.3bn HackRead at the newspaper ↗
- MyJoyOnline · Ghana · 10:55Crypto giant Binance hit by $6.3bn hack suspected to be largest in historyRead at the newspaper ↗
- Al Jazeera (state media) · Qatar · 12:50Binance says $6.3bn stolen in biggest crypto heist in history: What we knowRead at the newspaper ↗
- The National (state media) · United Arab Emirates · 13:31Binance's $6.3bn hack exposes crypto's dependence on the middlemen it was built to replaceRead at the newspaper ↗
- The New York Times · United States · 14:50Binance Hack Sends Crypto Stocks TumblingRead at the newspaper ↗
- CBS News · United States · 18:55$6.3 billion Binance hack may be largest cyber heist in historyRead at the newspaper ↗
- PBS NewsHour · United States · 15:25What to know about the $6.3B hack on Binance, likely the biggest-ever crypto theftRead at the newspaper ↗
Words in common
- crypto
- hack
- binance
- billion