Binance mega-hack falloutFirst of 3
Binance Hack Triggers Mass Freeze
Binance Drained of ~$6 Billion in the Largest Crypto Theft on Record — Issuers Froze ~$3 Billion Within Hours
A ~$6B hack of Binance is triggering emergency freezes, DeFi contagion, regulatory calls, and a partial recovery effort across the crypto ecosystem.
Binance’s hot wallets were drained on 29 October in what outlets call the largest crypto theft on record: Chainalysis puts stolen funds at ~$5.9B at the incident, Binance’s own impact estimate at ~$6.3B. Issuers led by Tether and Circle froze funds Binance verified at roughly $3B; withdrawals were suspended, with the SAFU fund and company money pledged to cover all losses. The attacker reportedly signed an EIP-7702 delegation with a compromised wallet key; Binance suspects a DevOps engineer’s laptop.
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Binance suffers $6 billion hack from compromised hot wallet
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Binance suffers major hack; speaker reports $5.7 billion in stolen cryptocurrency
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Related storylines
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78 sources
- BREAKING: Binance Issues Official Statement Regarding the Hacking Incident · en.bitcoinsistemi.com · T2
- Shen Yu: Binance's 14 hot wallets' EIP-7702 authorizations have not been revoked for over 2 hours, around 2961 ETH may be swept away again. · lookonchain.com · T2
- Binance suffers $6 billion hack from compromised hot wallet · youtube.com · T3
- Blockaid CEO suggests signing infrastructure flaw in Binance $2.5 billion hack · en.coin-turk.com · T2
- SKYNEWS: Crypto industry suffers 'largest bank heist in human history' as billions stolen in Binance hack · news.sky.com · T2
- Binance-linked wallets see $5.57 billion outflow, Tether and Circle freeze $1.8 billion after suspected exploit · en.coin-turk.com · T2
- Binance Security Incident: Withdrawal Status, Timeline and FAQs · thedefiant.io · T2
- Tether has frozen over $1.567 billion in USDT, which is suspected to be linked to stolen assets from Binance. · lookonchain.com · T2
- Developers issued warnings about potential EIP-7702 asset theft risks two years ago. · lookonchain.com · T2
- NEW YORK TIMES: Binance Grapples With 'Security Incident' That May Cause $6.3 Billion in Losses · nytimes.com · T2
- BREAKING: Assets Stolen from Binance Reportedly Total $5.64 Billion – Here Is the List of Stolen Altcoins · en.bitcoinsistemi.com · T2
- TASS-RU: Binance announced the suspension of all deposits and withdrawals · tass.ru · T2
- Binance：已核实冻结总额升至约30亿美元 · lookonchain.com · T2
- Market news: Binance's hot wallet is suspected to have experienced a large abnormal outflow, involving more than 60 tokens and approximately $2.53 billion in assets. · lookonchain.com · T2
- Binance: Security incident may involve a compromised DevOps engineer’s laptop, with an estimated impact of around $6.3 billion. · lookonchain.com · T2
- CZ Says Binance Outflows Look Like a Hack as $2.4B Is Frozen · crypto-news-flash.com · T2
- JAPAN TIMES: Binance freezes more than $2.5 billion in assets amid suspected hack · japantimes.co.jp · T2
- THE INDEPENDENT: Binance reports 'potential security issue' as stablecoin issuers freeze millions in funds · independent.co.uk · T2
- Binance: Binance Alpha trading suspended, to resume after security issue resolved · panewslab.com · T2
- AP: Cryptocurrency exchange Binance says it's investigating reports of a potential security incident · apnews.com · T2
- CZ: Binance’s loss in this incident may be slightly over $1 billion, but the exchange will fully cover the amount. · lookonchain.com · T2
- Binance investigating hack as suspicious outflows reach up to $5.8 billion · theblock.co · T1
- Binance Suspected Theft Tracker: Another 780 Million USDC Moved Out, Totaling About $3.3 Billion · panewslab.com · T2
- Binance Wallet Outflows Widen to Three Accounts in Suspected Hack · thedefiant.io · T2
- Binance holds $165B in crypto reserves, nearly 69% of the total across major exchanges · cryptobriefing.com · T2
- Binance investigates potential multibillion-dollar hack · cointelegraph.com · T1
- Binance: SAFU Fund and the company's funds will cover all losses. · lookonchain.com · T2
- Binance: Investigating potential security issues, user funds remain fully safe. · lookonchain.com · T2
- Binance Hack Fears Shake Crypto: $2.8B Outflows Reported · coindoo.com · T2
- Binance Suffers $6.3 Billion Hack, Pledges to Cover All User Losses · cryptopotato.com · T2
- Circle has frozen 823 million USDC suspected to be linked to Binance’s large abnormal outflow. · lookonchain.com · T2
- Binance investigates security reports as Tether says it froze over 1.567B USDT · ambcrypto.com · T2
- THE NATIONAL: Binance investigating potential security issue, freezes deposits and withdrawals · thenationalnews.com · T2
- Data: Outflows in suspected Binance breach may reach $5.6 billion, involving Bitcoin and Tron · panewslab.com · T2
- TECHCRUNCH: Binance pauses withdrawals as hackers suspected of stealing billions in crypto · techcrunch.com · T2
- Trump’s crypto firm joins Tether, Circle, and Ripple in $2.6 billion stablecoin freeze as Binance hack outflows near $6 billion · cryptoslate.com · T2
- BREAKING: Binance Hacker Begins Massive Sell-Off of Two Altcoins · en.bitcoinsistemi.com · T2
- REUTERS: Tether, Circle freeze $2.38 billion after Binance reports security incident · reuters.com · T2
- Binance suffers major hack; speaker reports $5.7 billion in stolen cryptocurrency · youtube.com · T3
- THE INFORMATION: Binance Investigates Potential Hack After $2 Billion-Plus in Tokens Left Exchange Wallets · theinformation.com · T2
- $5.8B stolen from Binance, $2.435B stablecoins frozen as hacker dumps $PEPE, $LINK, $UNI, $ENA · lookonchain.com · T2
- Binance Says User Funds Are ‘Completely Safe’ After $3.5 Billion Drains From Its Hot Wallets · unchainedcrypto.com · T2
- THE STREET: Binance major shareholder says user funds are safe after reported $2.5B hack · thestreet.com · T2
- SKYNEWS: Crypto worth billions frozen over 'potential security issue' · news.sky.com · T2
- BLOOMBERG LAW: Suspected Billion-Dollar Binance Hack Sends Fear Through Crypto · news.bloomberglaw.com · T2
- WAPO: Crypto firms freeze $3 billion as fears of a massive hack spread · washingtonpost.com · T2
- Binance: Verified Total Frozen Funds Amount to Approximately $3 Billion · panewslab.com · T2
- NEW STRAITS TIMES: [UPDATED] Crypto platform Binance confirms major hack, more than US$2.5bil frozen · nst.com.my · T2
- CZ: User funds are secure, Binance is suspected of a hack. · lookonchain.com · T2
- 200 million USDT flows out of Binance's hot wallet once again, and Tether promptly freezes the funds. · lookonchain.com · T2
- It looks like Binance was just hacked for around $5.3 billion worth of assets. · x.com · T3
- CNA: Binance says $2.54 billion in assets frozen as it probes security incident · channelnewsasia.com · T2
- Binance Hot Wallet Reportedly Attacked, With About $2.5 Billion in Assets Transferred Out · panewslab.com · T2
- Multi-billion Binance hack hitting crypto markets · coindesk.com · T1
- Binance Drained of $5.5 Billion in Suspected Hack, Tether and Circle Freeze $1.8 Billion · decrypt.co · T1
- BLOOMBERG: Binance's possible hack triggers US$3 billion freeze in crypto assets · bnnbloomberg.ca · T2
- Binance Halts Withdrawals After Multibillion-Dollar Hot Wallet Drain, Hours After Polymarket Vendor Exploit · blockhead.co · T2
- 币安：正进行安全检查，提币将在安全问题解决后恢复 · panewslab.com · T2
- BREAKING: New Developments in the Binance Hack – Billions of Dollars at Stake · en.bitcoinsistemi.com · T2
- Binance Suspected of Suffering Over $5B Hack as Tether, Circle Freeze Assets · coingape.com · T2
- 币安：正调查潜在安全问题，尚未确认用户资金受影响 · panewslab.com · T2
- BREAKING: Allegations of a Suspicious $2.77 Billion Transfer from Binance · en.bitcoinsistemi.com · T2
- BLOOMBERG: Binance Security Incident, Intel Outlook Misses, Amazon AI Spend · bloomberg.com · T2
- N12: More than 2.5 billion dollars were frozen: suspicion of the biggest crypto robbery in history · mako.co.il · T2
- Binance temporarily suspends withdrawals after apparent hack · ft.com · T1
- HUFFPOST: Binance Flags 'Potential Security Issue,' Says Crypto Firms Froze More Than $2.5 Billion · huffpost.com · T2
- Binance hack drained wallets backing customer assets, reserve data shows · coindesk.com · T1
- FT: Binance founder says exchange targeted in apparent hack · ft.com · T2
- Chainalysis: Binance Stolen Funds Totaled About $5.912 Billion at the Time of the Incident · panewslab.com · T2
- Binance Probes Suspected Hot-Wallet Drain of Billions; Issuers Freeze $2.3B as AI-Angle Rumors Go Unsourced · forkast.news · T2
- Something big seems to be going down at the moment with binance hot wallets being… · x.com · T2
- Binance: Some users' withdrawals blocked by technical error, recovery underway · panewslab.com · T2
- Binance Hacked for $5.8B, $2.41B in $USDT and $USDC Frozen · lookonchain.com · T2
- Binance hackers move over $1 billion in ETH to new wallets. · lookonchain.com · T2
- TASS-RU: Binance estimated the total damage from a possible hacker attack at approximately $6.3 billion · tass.ru · T2
- BNB falls 7% after reports of suspected Binance wallet hack, $3.3B in transfers flagged · en.coin-turk.com · T2
- WSJ: Crypto asset Binance suspends trading, possibly the worst hack in history · jp.wsj.com · T2
- Outflow of assets from Binance-related wallets has reached $5.643 billion, with Tether and Circle freezing $2.316 billion worth of stablecoins. · lookonchain.com · T2
