The Block(@TheBlockCo):UPDATE: Binance estimated the total impact of the hack at around $6.3 billion, with roughly $3 billion frozen onchain so far via partners. It said it found no evidence of any wallet private key leak and will cover all user losses. The exchange said its preliminary investigation suggests that the hack may involve a compromised DevOps engineer's laptop, which allowed an attacker to access a service container and submit unauthorized withdrawal transactions.

2026.10.30 02:55

UPDATE: Binance estimated the total impact of the hack at around $6.3 billion, with roughly $3 billion frozen onchain so far via partners. It said it found no evidence of any wallet private key leak and will cover all user losses. The exchange said its preliminary investigation suggests that the hack may involve a compromised DevOps engineer's laptop, which allowed an attacker to access a service container and submit unauthorized withdrawal transactions.

The Block@TheBlockCo

2026.10.29 21:05

BREAKING: Binance hot wallets appear to have transferred billions of dollars in assets to an unlabeled wallet in unusual activity flagged by onchain analyst Spreek. Arkham data shows about $3.55 billion in incoming transfer volume, with nearly $900 million later moved across different wallets. Spreek said the contract call was funded through Tornado Cash. Binance has not confirmed a breach. binancecoin:native