# Explainer: How the largest crypto heist in history happened

An explainer examines how the largest cryptocurrency heist in history was carried out, focusing on the attack methods and security failures involved. The incident matters because it underscores the risks facing crypto platforms and could intensify scrutiny and regulation of the industry.

**Importance:** 4/5

## Sources

### Science
- [New Scientist](https://www.newscientist.com/article/2596706-how-did-the-biggest-crypto-heist-in-history-just-happen/?utm_campaign=RSS|NSNS&utm_content=home&utm_medium=RSS&utm_source=NSNS) — Fri, 30 Oct 2026 12:40:12 +0000

### World
- [Al Jazeera](https://www.aljazeera.com/news/2026/10/30/binance-says-6-3bn-stolen-in-biggest-crypto-heist-in-history-what-we-know?traffic_source=rss) — Fri, 30 Oct 2026 12:38:47 +0000

### Business
- [BBC Business](https://www.bbc.co.uk/news/videos/c6m2dpz0yxn8o?at_medium=RSS&at_campaign=rss) — Fri, 30 Oct 2026 17:41:10 GMT