Crypto Market Rattled as Binance Suffers $6 Billion Hack

Binance suffers a historic $6 billion hack, the largest in crypto history. This security breach raises concerns for the entire industry. This incident eclipses the previous largest hack of $1.5 billion at Bybit. Three of the top ten largest hacks have occurred since 2025, all targeting exchanges. Yesterday’s Binance hack has emerged as the largest in crypto history, impacting over $6 billion. This staggering figure surpasses the combined total of the next nine largest hacks. Notably, the previous record holder was Bybit in February 2025, with losses of $1.5 billion.