Traders have pulled billions from Binance since late last week, when the crypto exchange giant suffered the largest cyber theft in history.

The FBI is attributing the theft of $6.3 billion from the Binance cryptocurrency exchange to North Korean hackers. North Korea has prioritized cyber operations and built a formidable cyber force.

The FBI says the billions of dollars stolen from Binance within minutes in the biggest crypto heist in history was orchestrated by North Korean hackers

North Korean hackers converted stolen Binance assets into Ethereum, prompting the FBI to urge crypto firms to block wallet addresses tied to the $6 billion theft.

Qatari talks raised hopes of de-escalation and eased immediate concerns about supply disruptions through the Strait of Hormuz. Traders remained wary of renewed military escalation after the U.S. midterm elections,

Oil slipped more than 1% Monday after Iranian and Qatari officials held a third straight day of talks aimed at pushing for a deal to end the war.

Iranian Foreign Minister said that discussions with Qatari mediators over a proposal to reopen the Strait of Hormuz were continuing but hadn’t produced an agreement, according to news agency ICANA.

Prices dropped as renewed diplomatic efforts to end the conflict between the U.S. and Iran eased concerns over Middle East oil supplies, reversing some of last week’s gains.