Binance Hack: How Do Hackers Steal Crypto? Can the Funds Be Recovered?

What the coverage shows

Across the coverage, outlets converge on Binance as the target, the scale of the theft, and the attribution trail leading to North Korea, with many describing it as the largest crypto hack or heist on record. Several outlets, including Bloomberg Technology, Newsweek and South China Morning Post, foreground the FBI’s blame, while BBC, NPR and others emphasize the broader attribution from intelligence or research firms; some early pieces such as BleepingComputer and Axios focus more on Binance’s immediate response and the suspension of trading or withdrawals. Later coverage also shifts toward recovery, with Sky News, The Verge, The Hill and CNBC highlighting Binance’s claim that about 90% of losses have been covered.

Written by Crossfiled from the 1 headlines and extracts below, not from the articles themselves. It describes how the outlets framed this, not what happened. Open any headline for a summary of that article.