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Binance loses $6.3 billion in crypto heist—what happens to your money when an exchange gets hacked

Source: cnbc October 30, 2026 · 12:39
Binance loses $6.3 billion in crypto heist—what happens to your money when an exchange gets hacked
Photo by Rafael Minguet Delgado · Pexels
From the publisher
Crypto exchanges make it easier to buy, sell and store digital assets, but they come with risks, too.
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The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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