Topic Archive

#Binance hack

72 Stories Found

Coins•Nov 1, 2026

THORChain Pauses Swaps Following Block Reorg Bug to Thwart Binance Hackers

Key Highlights: THORChain node operators halted cross-chain swaps across 10 major networks, including Bitcoin, Ethereum, Solana, and Tron, to address a critical vulnerability related to external blockchain reorganizations. Blockchain analytics firm Chainalysis confirmed that the emergency halt unintentionally obstructed North Korean cybercriminals from laundering assets stolen during the recent $6.3 billion Binance exploit. The shutdown ...

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Coins•Nov 1, 2026

Donald Trump Addresses Binance Hack Once Again

Key Highlights: The FBI officially attributed a massive $6 billion cryptocurrency heist targeting Binance to the North Korean-affiliated cyber group TraderTraitor. Federal agencies, including the U.S. Secret Service and IRS Criminal Investigation, are actively coordinating with industry firms to freeze and track stolen assets being funneled into Ethereum and DeFi protocols. Binance has reimbursed 95% ...

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Coins•Nov 1, 2026

‘Hard to Be Bearish Here’: Trader Who Predicted 700% XRP Surge Analyzes Current Setup

Key Highlights: The cryptocurrency market avoided a panic sell-off following a massive $6.3 billion Binance hack after the platform covered 90% of lost user funds from its own reserves alongside actions by the Treasury Department. Bitcoin remained stable near $77,935 while XRP settled at $1.2498, reflecting surprising resilience amid what could have been a catastrophic ...

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Coins•Oct 31, 2026

FBI Blames North Korea for Over $6 Billion Binance Hack

Key Highlights: Federal law enforcement agencies, including the FBI, Secret Service, and IRS, have called on crypto platforms and node operators to halt fund movements tied to a multi-billion dollar breach. Binance estimated the exploit’s total loss at roughly $6.3 billion, noting that about $3 billion has been frozen onchain while the exchange repurchases replacement ...

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Coins•Oct 31, 2026

Binance Hack: XRP Hit First as Five Wallets Drained in About Four Minutes

Key Highlights: Binance suffered a multi-network wallet breach where an attacker drained funds across the XRP Ledger, Ethereum, Bitcoin, Tron, Solana, and four other networks via compromised signing access. Ripple intervened by freezing 40.5 million stolen RLUSD stablecoins on Ethereum and restricting wallet access, while the stolen XRP remained stationary as of October 31. Binance ...

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Coins•Oct 31, 2026

The Largest Crypto Hacks in History Ranked by Dollar Value and Bitcoin Stolen

Key Highlights: Binance’s October breach of approximately $6.3 billion stands as the largest cryptocurrency theft by nominal U.S. dollar value, far eclipsing Bybit’s $1.46 billion to $1.5 billion exploit. When denominated in raw Bitcoin, historical collapses like Mt. Gox—involving roughly 650,000 net lost BTC—dwarf modern dollar records, representing tens of billions in present-day purchasing power ...

8 min readRead

Coins•Oct 31, 2026

FBI Links $6.3B Binance Hack to North Korea and Warns Crypto Firms

Key Highlights: The Federal Bureau of Investigation (FBI) has linked the $6.3 billion theft from Binance to state-sponsored North Korean cybercriminals. Federal authorities classified the malicious campaign under the name “TraderTraitor,” noting that the perpetrators converted the majority of the illicit proceeds into ether (ETH). A multi-agency alert alongside the US Secret Service and IRS ...

3 min readRead

Coins•Oct 31, 2026

FBI Confirms North Korea Linked to $6B Binance Hack, Urges DeFi to Block Crypto Addresses

Key Highlights Binance suffered a massive $6.4 billion security breach on Thursday, which blockchain analysts attribute to North Korea’s TraderTraitor, a division of the Lazarus Group. Stablecoin issuers quickly intervened to freeze more than $2.4 billion in illicit assets, while Binance replenished 90% of the drained crypto assets and slated withdrawal resumptions for Sunday. Chainalysis ...

4 min readRead

Coins•Oct 31, 2026

Binance Says It Has Replaced 90% of Stolen Crypto After Massive $6.3 Billion Breach

Key Highlights Binance is replenishing affected balances using its corporate treasury, excess futures insurance funds, and an upcoming deployment from its Secure Asset Fund for Users (SAFU). Security inquiries remain active, with Co-CEO Richard Teng noting breach points beyond an employee laptop, while analytics firms TRM Labs and Chainalysis link the attack to the North ...

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Coins•Oct 31, 2026

Binance Addresses Hack: Details on Withdrawal Resumptions and User Compensation

Key Highlights: Binance has deployed internal reserves—including SAFU, surplus Futures Insurance Funds, and corporate treasury capital—to cover more than $6.34 billion in attack-related losses. A newly updated Proof-of-Reserves (PoR) snapshot was conducted, with full cryptographic zero-knowledge verification for 10 key cryptocurrencies slated for release by Tuesday, November 3. Security and infrastructure reviews are underway with ...

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Coins•Oct 31, 2026

Binance Hacker Moves Millions of Dollars in Unprecedented On-Chain Activity

Key Highlights: Blockchain forensics by Bitquery revealed that an attacker rapidly dispersed massive troves of stolen assets across the Tron, Ethereum, and Bitcoin blockchains, relying on multi-wallet hops rather than privacy mixers. Hasty laundering efforts cost the attacker roughly $119 million due to unfavorable slippage, low-priced sales, and high acquisition costs, alongside an accidental $3.32 ...

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Coins•Oct 31, 2026

Nasdaq-Listed Firm Considers Selling $450 Million in Bitcoin Over Binance Hack and Quantum Concerns

Key Highlights: Japan-based software firm Next Technology Holding (NXTT), valued at roughly $7.8 million, has authorized the sale or borrowing against its roughly 5,833 Bitcoin reserve worth nearly $450 million. The board initiated the review following the recent Binance security breach, also citing general exchange vulnerabilities and long-term quantum computing risks to Bitcoin’s cryptographic foundations. ...

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