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Binance and the Biggest Crypto Heist Ever
Investing and the economy

Binance and the Biggest Crypto Heist Ever

The Journal. 03.11.2026 16 min

The world’s largest crypto exchange suffered the biggest crypto hack in history last week. In just 20 minutes, criminals made off with at least $6.3 billion from Binance. The speed and scale of the heist has left the crypto industry reeling. WSJ’s Patricia Kowsmann explains how the hack happened, who did it and the questions it raises about the safety…

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