A record-breaking theft of approximately $6.3 billion from Binance has shaken confidence in the world’s largest cryptocurrency exchange, exposing how weaknesses in operational security can put billions of dollars at risk. The October 29 attack compromised Binance’s hot-wallet infrastructure. Blockchain intelligence firm TRM Labs traced the theft across ten blockchains, with most of the assets moved in roughly 20 minutes. The losses surpassed the approximately $1.5 billion sto