Security
Binance Sets Aside $6.34 Billion to Cover $6.3 Billion Hack Losses
Binance said it has allocated over $6.34 billion in company funds to address losses from a major security breach, with $5 billion already held in matching token assets in the exchange's custody.
Trezor Issues Warning After Alleged Hardware Implant Discovery in Safe 5 Wallet
Trezor has advised customers who purchased hardware wallets through Southeast Asian reseller CryptoBilis since March 2026 to transfer funds to new devices following a disclosure of an alleged cellular implant in a Safe 5...
Binance Reports $6.36B Breach Across 10 Blockchains, Pledges to Cover Customer Losses
Attackers moved about $6.36 billion from Binance-controlled wallets across 10 networks, with most transfers occurring in roughly 20 minutes, according to TRM Labs. Binance suspects a compromised DevOps engineer laptop an...
Binance Reserves $6.34 Billion to Cover Losses From $6 Billion Security Breach
Following a major security incident that resulted in over $6 billion in losses, Binance announced it has reserved $6.34 billion in corporate funds to reimburse affected users. The exchange is working with law enforcement...
How Attackers Drained $6.15 Billion from Binance in 31 Minutes
On October 29, 2026, attackers exploited Binance's signing systems to drain approximately $6.15 billion across nine blockchains in just 31 minutes. The breach involved compromising a DevOps engineer's laptop and using a ...
Aave Freezes Lending Across 16 Networks Following Binance Security Breach
The DeFi protocol Aave implemented an emergency freeze of 292 reserves after attackers drained over 195,000 ETH from Binance hot wallets across multiple blockchains.
Trezor Issues Security Warning After Potential Hardware Implant Discovered in Southeast As...
Trezor has warned customers who purchased hardware wallets from the Southeast Asian reseller CryptoBilis on or after March 2026 to move their funds immediately, following reports of a sophisticated supply chain attack in...
Binance Discovers Additional Breach Points in $6 Billion Hack
Binance investigators uncovered multiple breach points beyond an initially identified compromised DevOps engineer's laptop in the approximately $6 billion hack. Blockchain researchers have linked the incident to North Ko...
Binance Could Use $1 Billion SpaceX Stake to Address Hack Losses, Co-founder Says Annual R...
Former Binance CEO Changpeng Zhao outlined how the exchange could cover a $6.3 billion hack using frozen assets, its SAFU fund, and a SpaceX investment stake. Co-founder Yi He indicated the exchange's annual revenue alon...
Polymarket Restores Trading After $2.7M Third-Party Security Breach
Polymarket resumed trading on its international platform following a security incident at a third-party vendor on October 29. Blockchain analytics firm Bubblemaps estimates approximately $2.7 million was stolen from roug...
North Korea's Lazarus Group Linked to $6.3 Billion Binance Hack
Blockchain investigators tied the October 29 theft to TraderTraitor, a North Korean unit. The hack triggered $1.53 billion in crypto liquidations as Binance paused withdrawals for system upgrades.
Trezor Issues Security Alert for Wallets Sold Through CryptoBilis Reseller
Trezor has warned customers who purchased hardware wallets from reseller CryptoBilis since March 2026 to move funds to new wallets after a suspected implant was discovered in a device. No customer losses have been report...
Trezor Warns Customers After Hardware Implant Found in Safe 5 Device
Trezor has advised customers who purchased its wallets from reseller CryptoBilis to move their funds to new devices after a buyer reported discovering a hardware implant in a Safe 5 model.
Binance may tap $1B SpaceX stake to cover $6.3B hack losses
Changpeng Zhao says Binance will use its SpaceX holdings and other measures to cover losses from a major October 2026 security breach, pledging that customers will not absorb the costs.
RUNE Token Rises 13% Following Binance's $6.3 Billion Hack
THORChain's RUNE token climbed more than 13% after Binance confirmed a major security breach. Onchain analysis linked stolen funds from both the Binance and Bitget hacks to North Korean-linked attackers using THORChain t...
Bitcoin Falls Below $80K Following $6.3B Binance Security Breach
Bitcoin declined to around $78,420 as the market reacted to Binance's $6.3 billion security incident, triggering $1.54 billion in crypto liquidations over 24 hours.
Binance Reports $6.3 Billion Security Breach, Says $3 Billion Frozen
Binance confirmed a security breach affecting approximately $6.3 billion in cryptocurrency, with about $3 billion frozen on-chain, deposits and withdrawals suspended, and losses to be covered through SAFU and company fun...
Chainalysis and TRM Labs Attribute Binance Hot Wallet Theft to North Korea's TraderTraitor...
Blockchain analytics firms say the October 29 drain of Binance hot wallets, described as the largest crypto theft on record, was carried out by a North Korean hacking unit, with industry partners reporting billions in fr...
Ripple, World Liberty, and Major Stablecoin Issuers Freeze Binance Hack Funds
Ripple froze approximately $200 million in RLUSD while World Liberty Financial and BitGo froze $27 million in USD1 following the Binance security incident. The coordinated action by multiple stablecoin issuers and platfo...
Coinbase Reports Analytics Vendor Incident Affecting Customer Contact Data
Coinbase said an incident at analytics provider Amplitude exposed contact information for a small subset of customers, but the exchange stated that its systems were not accessed without authorization and customer funds r...





















