A $6.3B Binance heist has Trump saying the US is looking at whether North Korea was behind it. Chainalysis has high confidence a North Korea-linked group was involved, and Binance says about $3B of th

What happened: President Trump said the US is looking into whether North Korean hackers were behind a $6.3 billion heist targeting Binance. Binance suspended withdrawals and pledged to cover all losses. Key numbers: $6.3 billion estimated in affected assets; about $3 billion frozen or located; withdrawals expected to resume by Sunday. Why it matters: Chainalysis said it had high confidence a North Korea-linked group was involved, while responsibility remains unconfirmed. The incident marks a setback for an industry seeking to expand in traditional finance. Coverage: 10 outlets in 24h

President Trump said the US is looking into whether North Korean hackers were behind a $6.3 billion heist targeting Binance. Binance suspended withdrawals and pledged to cover all losses.

Chainalysis said it had high confidence a North Korea-linked group was involved, while responsibility remains unconfirmed. The incident marks a setback for an industry seeking to expand in traditional finance.