Binance has halted all withdrawals following what it calls an estimated $6.3 billion loss, the largest crypto theft on record. The exchange says hackers compromised an engineer's laptop to withdraw funds, though it has since found additional breach points, while analysts estimate attackers converted roughly $3.3 billion into untraceable assets. Binance says it has reserved over $6.34 billion in company funds to cover the losses and is working with law enforcement.
arstechnica.com
· 2026-10-30
Binance, the world's largest cryptocurrency exchange, was reportedly the target of a $6.3 billion theft attributed to a North Korean hacking group. The breach, disclosed Friday, triggered declines in bitcoin and other major tokens as crypto markets reacted to the news.
fastcompany.com
· 2026-10-30
Binance, the world's largest cryptocurrency exchange, has disclosed a security breach estimated at $6.3bn, which would make it the largest crypto hack on record. Co-CEO Richard Teng said the company is cooperating with authorities to investigate the incident and has committed to covering all customer losses.
bbc.co.uk
· 2026-10-30
On October 29, attackers siphoned roughly $6.3 billion in cryptocurrency from Binance wallets spanning at least ten blockchains, with most funds taken within a 20-minute window, according to tracing firm TRM Labs. Binance suspended deposits and withdrawals and says it has helped freeze about half the stolen crypto while investigating the breach.
wired.com
· 2026-10-30
A glossary-style explainer traces Bitcoin's price swings, noting it passed $100,000 in December 2024, reached $120,000 in July 2025 amid US regulatory debate, hit roughly $126,000 in October 2025, then fell below $65,000 in early February 2026. The piece also notes Donald Trump's shift from calling Bitcoin a 'scam' to pledging to make the US the 'crypto capital of the world', and reiterates that Bitcoin's creator, known as Satoshi Nakamoto, remains unidentified.
bbc.co.uk
· 2026-10-30
Crypto exchange Binance and prediction market Polymarket both suspended trading after suffering hacks, according to a Wall Street Journal risk report roundup. The same report notes the Trump administration offered tariff relief during talks to secure a U.S. Audi factory, and that Cleveland-Cliffs will retain Stelco amid a jobs dispute with Canada's government.
wsj.com
· 2026-10-30
Binance disclosed a hack resulting in losses of roughly $6.3 billion, described as the largest in crypto history, with some reports pointing to a state-backed actor. Separately, Nasdaq futures fell sharply after Amazon missed both earnings and revenue estimates despite strong AWS growth, and Intel issued weak fourth-quarter guidance citing a continuing PC market slowdown, sending its shares down about 25% premarket.
cnbc.com
· 2026-10-30
Binance, the world's largest cryptocurrency exchange, has frozen withdrawals after attackers stole roughly $5.6 billion across multiple cryptocurrencies including Tether, Bitcoin, Ethereum and Circle dollars. Security firm TRM has attributed the breach to TraderTraitor, a North Korean state-linked hacking group also blamed for last year's $1.5 billion Bybit hack. Binance says it initially traced the breach to a compromised laptop but has since found additional entry points, and insists user funds remain safe and losses will be covered.
tomshardware.com
· 2026-10-30
Binance suffered a cyberattack on October 29 that drained roughly $6.36 billion across ten blockchains, according to blockchain intelligence firm TRM Labs, which said most funds moved within about 20 minutes. The exchange suspended withdrawals, later saying it had frozen about $3 billion of the stolen assets with partners' help and would cover all customer losses, with withdrawals expected to resume within a day or two. Binance initially blamed a compromised DevOps engineer's laptop but has since said investigators found additional breach points, calling it a complex attack.
techspot.com
· 2026-10-30
Binance disclosed a cyberattack resulting in an estimated $6.3 billion loss, which would make it the largest crypto theft on record, surpassing last year's $1.5 billion Bybit hack. The exchange has suspended withdrawals for a security overhaul while keeping deposits open, and says it has worked with partners to freeze roughly $3 billion of the stolen funds, with Tether and Circle separately freezing $1.5 billion and $800 million tied to the attack. Binance says it will cover all losses through its SAFU fund and company reserves.
engadget.com
· 2026-10-30
Binance disclosed that attackers stole $6.3 billion in crypto assets from the exchange, calling it the largest crypto hack on record. The company said roughly $3 billion has since been frozen, user funds remain safe, and it has set aside over $6.34 billion of company funds—including $5 billion in the exact impacted tokens—to cover the shortfall.
theverge.com
· 2026-10-30
On October 29, 2026, an attacker drained roughly $6.36 billion from Binance wallets across ten blockchains, with most funds moved in about 20 minutes starting at 20:05 UTC. Binance confirmed a security incident and suspended withdrawals on several networks, while blockchain analysis firm TRM Labs says it has high confidence the theft was carried out by North Korea's TraderTraitor hacking unit. Issuers including Tether, Circle, Ripple and World Liberty Financial froze about $2.67 billion in stablecoins, and Arbitrum's Security Council froze roughly $30 million more, but the attacker still holds over $2.4 billion in ETH and BTC beyond recovery.
trmlabs.com
· 2026-10-30
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