Yes. Binance confirms its Oct 29 hot-wallet incident drained around $6.3B, with about $3B frozen on chain so far, which would make it the largest crypto theft on record.

Yes. Binance confirms its Oct 29 hot-wallet incident drained around $6.3B, with about $3B frozen on chain so far, which would make it the largest crypto theft on record.

The viral $5.6B breakdown listing $1.45B BTC, $875M ETH, $234M TRX, $50M XAUT, $1.57B USDT, $823M USDC, $75M WBETH, $88.5M RLUSD plus $447.5M other coins comes from SwazySol, not from Binance. Binance has not published a per-asset stolen list, only that it reserved over $6.34B with $5B already held in the impacted assets, per Binance.

Binance says the initial lead was a compromised DevOps laptop giving access to a service container to submit withdrawals, later adding multiple breach points, with no wallet private key leak found and tracing ongoing, per Binance and update.

For your bitcoin, Binance says user funds are safe and all losses will be covered from SAFU and company funds. Withdrawals were paused for a security revamp, expected back in about 45-48 hours, deposits normal. BTC quoted around $76,784 on Binance spot, down about 4.5% in 24h at the time checked.

Cointelegraph frames what it means in a video explainer, and the other viral post just says relax and crypto is not over. No full post-mortem or Proof of Reserves update is out yet.