Security researchers believe North Korea-linked Lazarus Group may be responsible for a cyberattack that affected Binance, the world’s largest cryptocurrency exchange, on Thursday. The incident involved nearly $6 billion, according to reporting by CoinDesk.
What researchers are saying
The attribution remains a suspicion rather than a confirmed finding. Blockchain sleuths examined the available activity surrounding the hack and pointed to Lazarus Group, a North Korean-linked threat actor that has become a longstanding concern for the cryptocurrency industry.
The scale of the reported loss makes the incident significant for Binance and the wider digital-asset market. Binance is a cryptocurrency exchange, a platform where users can buy, sell and hold digital assets. A hack of this size can draw attention to the security of exchange infrastructure and to the ability of blockchain investigators to follow transactions after funds move.
No further details about the method of the attack, the assets involved or Binance’s response were provided in the source material. The report also did not establish that Lazarus Group carried out the hack; researchers described the group as the likely actor behind it.
Moneyiar market picture
Moneyiar data at the stated times showed BNB, the token associated with the Binance ecosystem, at $740.8618136891, up 0.81% over 24 hours and 3.32% over seven days as of October 25, 2026, at 22:39 +03:30.
Other tracked assets were mixed:
- NEAR Protocol: $4.6166906773, up 3.36% in 24 hours but down 6.21% over seven days, as of October 25, 2026, at 22:38 +03:30.
- AI Rig Complex: $0.0594624188, down 3.6% in 24 hours and up 46.65% over seven days, as of October 25, 2026, at 22:39 +03:30.
- Billions Network: $0.0139971939, down 0.59% in 24 hours and up 10.04% over seven days, as of September 21, 2026, at 01:39 +03:30.
These market figures were recorded before the CoinDesk report was published and do not establish a market reaction to the hack.
