Incident reportExchange hack10 chains
Binance −$6.3B
$6.3 billion in about twenty minutes. The biggest theft crypto has ever seen.
What happened
Attackers moved about $6.3 billion of client assets out of Binance wallets across ten blockchains. Binance paused withdrawals while it rebuilt its withdrawal security.
Timeline
Oct 29
Funds leave Binance wallets on ten chains in roughly twenty minutes.
Oct 29
Tether and Circle start freezing affected stablecoins.
Oct 30
About $3 billion is frozen, more than $2.3 billion of it by Tether and Circle.
Oct 30
Analysts watch the rest cycle between addresses, including on Tron.
Aftermath
Binance says it will cover losses from its SAFU fund and company money. Roughly $3.3 billion was still moving when this page was written.
Date2026-10-29
Lost$6.3B
WhoAttributed to North Korea's TraderTraitor group
Funds are SAFU. Withdrawals are simply resting.
Lesson A bigger exchange is a bigger target. Not your keys, still not your coins.