Binance says $6.3 billion stolen in biggest crypto heist in history
Binance said the attack may have started with a compromised engineer laptop, and stablecoin issuers froze about $2.7 billion in linked assets.
- On Friday, October 30, 2026, Binance reported a security breach affecting approximately $6.3 billion in digital assets across 10 blockchains, marking the largest cryptocurrency theft on record.
- Preliminary investigations indicate attackers compromised a DevOps engineer's laptop, subsequently utilizing Ethereum Improvement Proposal 7702 delegation to submit unauthorized withdrawals across multiple networks.
- Stablecoin issuers Tether and Circle coordinated with industry partners to freeze roughly $3 billion on-chain, significantly limiting attackers' ability to convert stolen assets into usable funds.
- Binance co-CEO Richard Teng stated the exchange will cover all losses using the Secure Asset Fund for Users , with withdrawals temporarily suspended during security checks.
- Blockchain intelligence firms TRM Labs and Chainalysis attributed the breach to North Korean hacking unit TraderTraitor with high confidence, citing similarities to prior state-sponsored attacks.
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Hackers hit top financial platforms — users suffer staggering losses
Two popular financial platforms came under attack Thursday within hours of each other. The cryptocurrency platform Binance and prediction market platform Polymarket both suffered huge losses totaling billions of dollars, and it was all stolen directly from users’ accounts.Both platforms are juggernauts in their categories. Binance is by far the biggest cryptocurrency exchange on the planet, boasting 335 million users, which makes it a prime targ…
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Agderposten$6 billion stolen from world's largest crypto exchange
The world’s largest cryptocurrency exchange Binance has suspended withdrawals after being hacked.
How Hackers Drained $6.36 Billion From Binance in Just Twenty Minutes
Imagine losing over six billion dollars in the time it takes to eat lunch. That nightmare became reality for Binance, the world’s largest cryptocurrency exchange, on October 29, 2026. Starting at 20:05 UTC, attackers launched a blitz across the digital financial world. They drained approximately $6.36 billion from Binance wallets across ten different blockchains. Most of that staggering sum vanished in just twenty minutes. Crypto analysts immedi…
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