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The October 2026 Binance hack

An independent, source-backed record. Every statement here is a quote from a named source, with a link, a time and an archived copy, or a calculation you can reproduce from public chain data. Where sources disagree, the figures are shown side by side.

How to read this record

Latest figures

Each tile is the most recent approved figure for that measure, with who published it and when. It is not a consensus. Different sources can publish different values: see all of them on Numbers.

Frozen total (as reported)
$2,840,000,000.00
Hacken. As of . Quote and source
5 different values published for this measure. See all
Frozen usdc (as reported)
823,000,000 USDC
Hacken, Circle. As of . Quote and source
Frozen usdt (as reported)
971,100,000 USDT
Hacken, Tether. As of . Quote and source
Held matching tokens (as reported)
$5,000,000,000.00
Elliptic, Binance. As of . Quote and source
Set aside (as reported)
$6,340,000,000.00
Elliptic, Binance. As of . Quote and source
Total stolen (as reported)
$6,300,000,000.00
blockaid.io. As of . Quote and source
3 different values published for this measure. See all

What is known

Only claims we reproduced from archived chain data appear here. What parties and media have said is under Claims, attributed to them.

No approved claims on this topic yet.

What is disputed

Credible sources conflict. Each claim links the sources that disagree.

No approved claims on this topic yet.

Newest approved updates

ReportedfreezeClaim 90

The page states that about $3B was frozen within hours, while most of the ETH and other native assets stayed with the attacker.

About $3B was frozen within hours, while most of the ETH and other native assets stayed with the attacker.

Speaker
Not recorded
Publisher
blockaid.io (Other)
Original
Binance $5.5B Hack: Blockaid Detects the Biggest Theft in Crypto History
Captured
Archived copy
sha256 50a4d7072873
Event time
Published

Reviewer note: Event time is a date only. The 00:00 UTC time shown is a placeholder, the source gives no time of day.

Reportedroot causeClaim 89

The page states that eleven Binance hot-wallet keys signed transfers to an address created minutes earlier, and one signed an EIP-7702 authorization.

Eleven Binance hot-wallet keys signed transfers to an address created minutes earlier, and one of them signed an EIP-7702 authorization that turned its wallet into standing infrastructure for the attacker.

Speaker
Not recorded
Publisher
blockaid.io (Other)
Original
Binance $5.5B Hack: Blockaid Detects the Biggest Theft in Crypto History
Captured
Archived copy
sha256 50a4d7072873
Event time
Published

Reviewer note: Event time is a date only. The 00:00 UTC time shown is a placeholder, the source gives no time of day.

ReportedamountClaim 88

The page states that at Binance's estimate, the theft was $6.3B, making it the largest on record and more than four times the $1.5B taken from Bybit in February 2025.

Attacks on signing infrastructure, where an attacker makes an organization’s own keys sign for them, remain the largest source of losses onchain, and at Binance’s estimate of $6.3B this is the largest theft on record, more than four times the roughly $1.5B taken from Bybit in February 2025.

Speaker
Not recorded
Publisher
blockaid.io (Other)
Original
Binance $5.5B Hack: Blockaid Detects the Biggest Theft in Crypto History
Captured
Archived copy
sha256 50a4d7072873
Event time
Published

Reviewer note: Event time is a date only. The 00:00 UTC time shown is a placeholder, the source gives no time of day. Blockaid relays Binance's estimate; the 'largest theft on record' wording is Blockaid's.

ReportedattributionClaim 72

The FBI attributed the theft to TraderTraitor, a North Korean state-sponsored hacking group, on October 31.

On October 31, the FBI attributed the theft to TraderTraitor, its name for a North Korean state-sponsored hacking group. This confirms Elliptic's earlier assessment.

Speaker
Not recorded
Publisher
Elliptic (Analytics firm)
Original
The largest theft in history: DPRK behind the $6.4B Binance hack
Captured
Archived copy
sha256 0b00778cbe0c
Event time
Published

Reviewer note: Event time is a date only. The 00:00 UTC time shown is a placeholder, the source gives no time of day. Elliptic reports the FBI attribution of 31 October. The FBI alert itself is captured separately.

ReportedwithdrawalsClaim 60

Binance co-CEO Richard Teng said he was hopeful that withdrawals would resume before Sunday, October 31.

In a video update on October 30, Binance co-CEO Richard Teng said he was hopeful that withdrawals would resume before Sunday, October 31.

Speaker
Richard Teng
Publisher
Elliptic (Analytics firm)
Original
The largest theft in history: DPRK behind the $6.4B Binance hack
Captured
Archived copy
sha256 0b00778cbe0c
Event time
Published

Reviewer note: Event time is a date only. The 00:00 UTC time shown is a placeholder, the source gives no time of day.

ReportedrecoveryClaim 59

Binance stated it will cover all losses using its SAFU fund and company funds, having reserved more than $6.34 billion of company funds.

Binance has said it will cover all losses using its SAFU fund and company funds, and that it has reserved more than $6.34 billion of company funds to do so. Around $5 billion of this is already held in the same tokens that were stolen, and Binance is buying the rest through the market and OTC trades. It plans to publish a full Proof of Reserves report by Monday.

Speaker
Binance
Publisher
Elliptic (Analytics firm)
Original
The largest theft in history: DPRK behind the $6.4B Binance hack
Captured
Archived copy
sha256 0b00778cbe0c
Published
ReportedwithdrawalsClaim 58

Binance announced it has begun reopening withdrawals, starting with the Bitcoin network.

November 1, 06:00 UTC: Binance announced it has begun reopening withdrawals, starting with $BTC Bitcoin network.

Speaker
Binance
Publisher
Elliptic (Analytics firm)
Original
The largest theft in history: DPRK behind the $6.4B Binance hack
Captured
Archived copy
sha256 0b00778cbe0c
Event time
Published

Reviewer note: The 06:00 UTC time is as written in Elliptic's update log, not a time stated by Binance.

ReportedfreezeClaim 57

Elliptic has verified $2.85 billion of frozen or seized funds, which is 44% of the theft, mostly USDT and USDC.

Elliptic has verified $2.85 billion of frozen or seized funds, 44% of the theft, almost all of it USDT and USDC. The attacker is swapping the rest into ETH and other assets that cannot be frozen, and moving funds between blockchains, using automated scripts that run around the clock.

Speaker
Elliptic
Publisher
Elliptic (Analytics firm)
Original
The largest theft in history: DPRK behind the $6.4B Binance hack
Captured
Archived copy
sha256 0b00778cbe0c
Published

Record status