Blockaid CEO Ido Ben-Natan said the attackers appeared to have compromised Binance’s transaction signing process. Binance said Friday that it had found no evidence of leaked wallet private keys, though its investigation remained ongoing.
Blockaid CEO Ido Ben-Natan stated that the attackers appeared to have compromised Binance’s transaction signing process.
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Reportedroot causeStatement 278
Other statements from the same source
ReportedmarketStatement 366
Cointelegraph reported that Bitcoin traded near $77,400 on Saturday, about 4% below its price shortly before the attack began.
Bitcoin traded near $77,400 at 4:00 pm on Saturday, about 4% below its price shortly before the attack began Thursday
ReportedamountStatement 276
Glassnode reported that the Binance breach was the largest cryptocurrency hack on record with around $6.3 billion affected, exceeding the combined losses from the next nine largest hacks. The same passage gives the previous record as the $1.5 billion Bybit exploit in February 2025.
According to Glassnode, Thursday’s Binance breach was the largest cryptocurrency hack on record, with around $6.3 billion affected, exceeding the combined losses from the next nine largest hacks. The previous record was the $1.5 billion Bybit exploit in February 2025.