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CoinDesk: North Korea denies role in $6.4 billion Binance hack

CoinDesk reported that North Korea denied involvement in the $6.4 billion Binance hack after the FBI pointed to TraderTraitor; Cointelegraph also carried the story.

Developing storyCoinDesk: North Korea denies role in $6.4 billion Binance hack2 reports · latest 33 min agoTimeline →
Illustration for: CoinDesk: North Korea denies role in $6.4 billion Binance hack
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What happened

CoinDesk reported on Nov 3, 09:40 UTC that North Korea denies role in the $6.4 billion Binance hack after the FBI points to TraderTraitor. The report names North Korea, the FBI and Binance as the parties involved in the account of events relayed by CoinDesk. Cointelegraph also reported the story, according to the CoinDesk item.

Crypto market context

As of Nov 3, 11:01 UTC, Bitcoin was $77,000.00, fell 1.18%; Ether was $2,268.09, fell 0.76%; Solana was $92.29, fell 1.96%; and XRP was $1.2500, rose 0.50% — all moves over 24 hours.

Instrument Last Change Basis As of Source
Nasdaq 100 (via QQQ ETF) $681.09 -1.36% vs prior close Nov 2, 21:00 UTC Finnhub
Bitcoin $77,000.00 -1.18% 24h Nov 3, 11:01 UTC CoinGecko
Ether $2,268.09 -0.76% 24h Nov 3, 11:01 UTC CoinGecko
Solana $92.29 -1.96% 24h Nov 3, 11:01 UTC CoinGecko
XRP $1.2500 +0.50% 24h Nov 3, 11:01 UTC CoinGecko
US Dollar Index (via UUP ETF) $28.96 -0.14% vs prior close Nov 2, 21:00 UTC Finnhub

Cointelegraph ran a piece titled "South Korea urges exchanges to boost cold storage after Binance hack." Cointelegraph also published "Binance begins second withdrawal phase following record hack." Yahoo carried two related items: "Morning Minute: Binance Hack Leads to Mass Outflows While FBI Opens Probe" and "Binance Hacked for $6.36 Billion. What's Next for Crypto?"

Sources and data

  • CoinDesk (secondary source) — North Korea denies role in $6.4 billion Binance hack after FBI points to TraderTraitor
  • Cointelegraph (secondary source) — South Korea urges exchanges to boost cold storage after Binance hack
  • Yahoo (secondary source) — Morning Minute: Binance Hack Leads to Mass Outflows While FBI Opens Probe
  • Finnhub (market data) — market data
  • CoinGecko (market data) — market data

Market data as of Nov 3, 11:01 UTC; report generated Nov 3, 11:01 UTC. All times are UTC. Each table row shows its own timestamp and provider.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.

Terms in this article

Sources & data

  1. CoinDesk (secondary, retrieved Nov 3, 2026, 11:03 AM UTC)
  2. Cointelegraph (secondary, retrieved Nov 3, 2026, 11:03 AM UTC)
  3. Yahoo (secondary, retrieved Nov 3, 2026, 11:03 AM UTC)
  4. Finnhub (market-data, retrieved Nov 3, 2026, 11:03 AM UTC)
  5. CoinGecko (market-data, retrieved Nov 3, 2026, 11:03 AM UTC)

Market data as of Nov 3, 2026, 11:01 AM UTC.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.

Ask about this story

Questions are answered only from this article and the sources it cites.

MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.

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