Business · Markets · 8 hrs ago
Bitcoin rises above $80,000 for first time since Binance breach
Bitcoin rose above $80,000 on Nov.
4, reaching as high as $81,065 during trading.
It was the first time the cryptocurrency had crossed that level since a late-October breach at Binance, one of the world’s largest crypto exchanges.
Binance said it was investigating the attack, and its CEO said several people were involved.
The FBI said the theft of more than $6 billion was linked to North Korea, which denied the allegation.
Binance partly resumed withdrawals on Nov.
1, and customers had withdrawn about $4.9 billion by Nov.
2.
The price increase came as the investigation and recovery of services were still under way.
Bitcoin rose above $80,000 for the first time since the late-October breach of cryptocurrency exchange Binance.
It reached $81,065.04 during trading, according to Binance data.
Binance said it was investigating the breach, and its chief executive said several people were involved.
The FBI linked the theft of more than $6 billion from Binance to North Korea; North Korea denied the accusation.
Binance partially resumed withdrawals on Nov. 1, and customers had withdrawn about $4.9 billion by Nov. 2, according to DefiLlama.
- Who
- Bitcoin rose in value. Binance and its customers were also involved in the reported breach and its aftermath.
- What
- Bitcoin rose above $80,000 for the first time since the breach. It reached $81,065.04 during trading.
- When
- Nov. 4, 2026. The breach was reported in late October.
- Where
- On Binance, the cryptocurrency exchange.
- Why
- Not stated
FBI
North Korea
Attribution
FBI
The FBI said the theft of more than $6 billion from Binance was linked to North Korea and allegedly to the TraderTraitor hacking unit.
North Korea
North Korea denied the accusation.
Former Binance director Changpeng Zhao said the exchange might have been hacked.
The FBI linked the theft of more than $6 billion from Binance to North Korea, which denied the accusation.
Binance partially resumed withdrawals after the breach.
Binance customers had withdrawn about $4.9 billion, according to DefiLlama.
Bitcoin rose above $80,000 on Binance for the first time since the breach.
- Bitcoin high
- $81,065.04
- Price at 21:46 Moscow time
- $80,351.71
- Reported theft
- More than $6 billion
- Customer withdrawals by Nov. 2
- About $4.9 billion
- Exchange
- Binance
What people are saying
Hackers used a “self-destruct mechanism that erased tools and traces as they progressed.