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32 Fear

Binance $6.3B Hack Explained – Timeline and Findings 2026

Original title: The $6.3B Binance Hack, Explained!

smoketest 12:00 1 views on YouTube ETH −0.5%

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Summary

On 29 October 2026 about $6.3 billion in crypto left Binance, the world’s largest exchange by trading volume. TRM Labs traced the funds across ten blockchains, most moving within roughly twenty minutes, and called it the biggest crypto theft on record. Binance said on 30 October it found no evidence that its wallet keys were leaked. In a preliminary report released 3 November, Binance described the attack as beginning with a tampered installer in June and a fake job interview in September, followed by an internal AI tool used on 20 October to obtain a deployment token, and a compromised signing service on 29 October that bypassed normal withdrawals. About $2.7 billion of stablecoins were frozen by 3 November, and investigators linked the hack to North Korea, which denies involvement.

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Key points

  1. $6.3 billion in crypto left Binance on 29 October 2026, moving across ten blockchains within about twenty minutes
  2. Binance reported no evidence that its wallet keys leaked as of 30 October 2026
  3. The attack began with a tampered installer in June and a fake job interview in September, leading to a compromised signing service on 29 October
  4. Approximately $2.7 billion of stablecoins were frozen by 3 November 2026 and have not been returned
  5. TRM Labs, Chainalysis and the FBI linked the hack to North Korea, which denies involvement

Chapters

Chapters come from the timestamps in the video description.

Questions

How much stablecoin was frozen after the Binance hack?
About $2.7 billion of stablecoins were frozen by 3 November 2026, and the frozen assets have not been returned.
Did Binance find evidence that its wallet keys were leaked?
Binance said on 30 October 2026 that it found no evidence that its wallet keys were leaked.

Related briefs

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