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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.
This line is our short summary of the quote below. The quote is the evidence.
ReportedamountClaim 88
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.
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.
The operator address, [0x7C8601d4645b93cea45F71e118A729332e6B5CA0](https://etherscan.io/address/0x7C8601d4645b93cea45F71e118A729332e6B5CA0) , was funded through three Tornado Cash withdrawals starting October 28.
Tether and Circle froze about $1.8B in the main collection address within 40 minutes, and with later freezes by other issuers and the Arbitrum Security Council, Binance puts the verified total frozen at about $3B.
About $6.3B was stolen from Binance’s hot wallets on October 29, 2026, by Binance’s own estimate, across Ethereum, Arbitrum, Avalanche, Optimism, Bitcoin, Tron, and other chains, the largest crypto theft on record.
At 21:44 it [swept Binance 14 again](https://etherscan.io/tx/0x55ba4dabc41b468e580751373ad31acdee6f5ba398682df2c93e5a8340870556) for 200M USDT and 13 other tokens deposited since the first sweep.
At 20:41:23 the operator used the still-delegated Binance 14, which owns the Circle smart account [Binance Hot Wallet 34](https://etherscan.io/address/0xEe7aE85f2Fe2239E27D9c1E23fFFe168D63b4055) , to [move 780M USDC](https://etherscan.io/tx/0xdc102dd89dded5a83f1008906883ffb7c81ff3b7d7965d8c7277d170b5e17481) from that account to the collection address, followed by another 43M USDC.