Billions vanish after Binance hack, possibly the largest cryptocurrency theft ever
Binance reports a security breach affecting cryptocurrencies worth $6.3 billion, with $3 billion recovered. A hacker may have accessed an employee's laptop for unauthorized withdrawals. This incident is considered the largest cryptocurrency theft to date, surpassing the Bybit hack. Following the news, cryptocurrency values dropped significantly, with Bitcoin losing nearly 5% and Binance's BNB down almost 10%.