# How hackers steal crypto — and what they do with it

https://mins.news/en/item/123067

- Bloomberg News, 2026-10-30 20:30 UTC
- Economy
- Original: https://www.bloomberg.com/news/articles/2026-10-30/binance-hack-how-do-hackers-steal-crypto-can-the-funds-be-recovered?link_source=ta_bluesky_link&taid=6ae4fe5a27f3420001c8ee4b

> The largest cryptocurrency hack on record has renewed doubts about whether the industry can safeguard digital assets and join mainstream financial infrastructure. Binance, the world’s largest crypto exchange, suspended withdrawals after a security breach affected an estimated $6.3 billion in funds.

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