Geopolitics Alpha

North Korea denies being behind record $6.3bn Binance hack

Published . Updated .

Key takeaways

  • US government agencies and cyber analysts have blamed Pyongyang for the record-breaking heist.
  • Exposed: CIBR, EWY, CRWD, PANW, FTNT
  • Market reaction: EWY −12.3% after two sessions; CIBR −5.9% after two sessions; PANW −10.4% after two sessions

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Get these market calls by email

The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.

Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.

North Korea denies being behind record $6.3bn Binance hack

US government agencies and cyber analysts have blamed Pyongyang for the record-breaking heist.

Directly affected

  • No company is named in this report.

Indirectly affected

  • CIBR First Trust NASDAQ Cybersecurity ETF+8.0% 30d

    First Trust NASDAQ Cybersecurity ETF: it holds cybersecurity firms. Linked by “hack” (cybersecurity) in this story.

  • EWY iShares MSCI South Korea ETF-21.2% 30d

    iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“korea”).

  • CRWD CrowdStrike Holdings+4.9% 9d

    CrowdStrike Holdings (prepackaged software): hacks and breaches raise demand for security software. Linked by “hack” (cybersecurity) in this story.

  • PANW Palo Alto Networks-11.0% 30d

    Palo Alto Networks (computer peripheral equipment): hacks and breaches raise demand for security software. Linked by “hack” (cybersecurity) in this story.

  • FTNT Fortinet-27.6% 30d

    Fortinet (computer peripheral equipment): hacks and breaches raise demand for security software. Linked by “hack” (cybersecurity) in this story.

  • SKHY SK hynix

    SK hynix (semiconductors and related devices) is one of the largest South Korea-based companies traded in the US, so news about South Korea (“korea”) reaches its shares.

  • KB KB Financial Group

    KB Financial Group (commercial banks) is one of the largest South Korea-based companies traded in the US, so news about South Korea (“korea”) reaches its shares.

  • SHG Shinhan Financial Group

    Shinhan Financial Group (national commercial banks) is one of the largest South Korea-based companies traded in the US, so news about South Korea (“korea”) reaches its shares.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
CIBR+13.33%+8.53%base+0.54%+0.67%-5.90%after close
EWY+3.63%+6.76%base+2.24%+0.43%-12.34%after close
CRWD+10.83%+8.04%base+1.18%+0.84%-10.35%after close
PANW+14.24%+8.21%base-0.40%-0.98%-10.41%after close
FTNT+46.56%+10.25%base+1.52%+2.54%-2.93%after close
SKHY-1.61%+9.84%base+2.18%-3.08%-16.35%after close
KB+0.43%+2.46%base-0.96%+2.72%-0.25%after close
SHG+0.13%+2.69%base-1.47%+1.36%-1.63%after close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

US government agencies and cyber analysts have blamed Pyongyang for the record-breaking heist.

Source: BBC

Price since this story was published: First Tr Exchange-Traded Fd (CIBR)

CompanyWhenMoveStatus
First Tr Exchange-Traded Fd (CIBR)that day+0.54%final price
First Tr Exchange-Traded Fd (CIBR)the next day+0.67%final price
First Tr Exchange-Traded Fd (CIBR)two days later-5.90%final price
First Tr Exchange-Traded Fd (CIBR)three days earlier+8.53%final price
First Tr Exchange-Traded Fd (CIBR)five days earlier+13.33%final price
CrowdStrike Holdings (CRWD)that day+1.18%final price
CrowdStrike Holdings (CRWD)the next day+0.84%final price
CrowdStrike Holdings (CRWD)two days later-10.35%final price
CrowdStrike Holdings (CRWD)three days earlier+8.04%final price
CrowdStrike Holdings (CRWD)five days earlier+10.83%final price
Ishares Msci South Korea Etf (EWY)that day+2.24%final price
Ishares Msci South Korea Etf (EWY)the next day+0.43%final price
Ishares Msci South Korea Etf (EWY)two days later-12.34%final price
Ishares Msci South Korea Etf (EWY)three days earlier+6.76%final price
Ishares Msci South Korea Etf (EWY)five days earlier+3.63%final price
Fortinet (FTNT)that day+1.52%final price
Fortinet (FTNT)the next day+2.54%final price
Fortinet (FTNT)two days later-2.93%final price
Fortinet (FTNT)three days earlier+10.25%final price
Fortinet (FTNT)five days earlier+46.56%final price
KB Financial Group (KB)that day-0.96%final price
KB Financial Group (KB)the next day+2.72%final price
KB Financial Group (KB)two days later-0.25%final price
KB Financial Group (KB)three days earlier+2.46%final price
KB Financial Group (KB)five days earlier+0.43%final price
Palo Alto Networks (PANW)that day-0.40%final price
Palo Alto Networks (PANW)the next day-0.98%final price
Palo Alto Networks (PANW)two days later-10.41%final price
Palo Alto Networks (PANW)three days earlier+8.21%final price
Palo Alto Networks (PANW)five days earlier+14.24%final price
Shinhan Financial Group (SHG)that day-1.47%final price
Shinhan Financial Group (SHG)the next day+1.36%final price
Shinhan Financial Group (SHG)two days later-1.63%final price
Shinhan Financial Group (SHG)three days earlier+2.69%final price
Shinhan Financial Group (SHG)five days earlier+0.13%final price
SKHYthat day+2.18%final price
SKHYthe next day-3.08%final price
SKHYtwo days later-16.35%final price
SKHYthree days earlier+9.84%final price
SKHYfive days earlier-1.61%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who is named in “North Korea denies being behind record $6.3bn Binance hack”

Companies carried with this story

  • CIBR First Tr Exchange-Traded Fd

    First Tr Exchange-Traded Fd (CIBR) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “North Korea denies being behind record $6.3bn Binance hack.” Reason on file: First Trust NASDAQ Cybersecurity ETF: it holds cybersecurity firms. Linked by “hack” (cybersecurity) in this story

  • EWY Ishares Msci South Korea Etf

    Ishares Msci South Korea Etf (EWY) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “North Korea denies being behind record $6.3bn Binance hack.” Reason on file: iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“korea”)

  • CRWD CrowdStrike Holdings

    CrowdStrike Holdings (CRWD) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “North Korea denies being behind record $6.3bn Binance hack.” Reason on file: CrowdStrike Holdings (prepackaged software): hacks and breaches raise demand for security software. Linked by “hack” (cybersecurity) in this story

  • PANW Palo Alto Networks

    In “North Korea denies being behind record $6.3bn Binance hack,” Palo Alto Networks (PANW) is linked, with no stored direction, medium confidence. Reason on file: Palo Alto Networks (computer peripheral equipment): hacks and breaches raise demand for security software. Linked by “hack” (cybersecurity) in this story

  • FTNT Fortinet

    Fortinet (FTNT) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “North Korea denies being behind record $6.3bn Binance hack.” Reason on file: Fortinet (computer peripheral equipment): hacks and breaches raise demand for security software. Linked by “hack” (cybersecurity) in this story

  • KB KB Financial Group

    In “North Korea denies being behind record $6.3bn Binance hack,” KB Financial Group (KB) is linked, with no stored direction, medium confidence. Reason on file: KB Financial Group (commercial banks) is one of the largest South Korea-based companies traded in the US, so news about South Korea (“korea”) reaches its shares

  • SHG Shinhan Financial Group

    For “North Korea denies being behind record $6.3bn Binance hack,” Shinhan Financial Group (SHG) is linked, with no stored direction, medium confidence. Reason on file: Shinhan Financial Group (national commercial banks) is one of the largest South Korea-based companies traded in the US, so news about South Korea (“korea”) reaches its shares

How “North Korea denies being behind record $6.3bn Binance hack” reaches First Tr Exchange-Traded Fd (CIBR)

On 3 Nov 2026, “North Korea denies being behind record $6.3bn Binance hack” is the story that connects First Tr Exchange-Traded Fd (CIBR) to this story.

For First Tr Exchange-Traded Fd (CIBR), the reason on file says First Trust NASDAQ Cybersecurity ETF: it holds cybersecurity firms. Linked by “hack” (cybersecurity) in this story

Also listed, Ishares Msci South Korea Etf (EWY): iShares MSCI South Korea ETF holds stocks listed in South Korea, which this story is about (“korea”)

The price range for First Tr Exchange-Traded Fd (CIBR), and the dates in the story

CIBR traded between 98.09 and 110.59 across 20 sessions. The latest close on file is 107.88. CRWD traded between 230.91 and 286.94 across 8 sessions. The latest close on file is 249.35. EWY traded between 148.30 and 190.33 across 20 sessions. The latest close on file is 151.81.

How strong the case is around First Tr Exchange-Traded Fd (CIBR)

46 out of 100

“North Korea denies being behind record $6.3bn Binance hack” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.