Binance was drained of about $6.3 billion on Oct 29, 2026 in around 20 minutes, the largest crypto hack on record, topping Bybit's $1.5 billion theft in 2025. Coin Bureau

Binance was drained of about $6.3 billion on Oct 29, 2026 in around 20 minutes, the largest crypto hack on record, topping Bybit's $1.5 billion theft in 2025. Coin Bureau

Binance traced it to a compromised DevOps engineer's laptop giving access to internal withdrawal infrastructure, with EIP-7702 delegation used to hand hot wallets to drainer code. Funds left across Ethereum, Bitcoin, Tron and L2s, including about 18,000 BTC. Coin Bureau

About $3 billion was frozen within hours. Tether froze about $1.567 billion in USDT and Circle froze over $800 million in USDC, with Ripple, World Liberty, Paxos, BitGo and Arbitrum's Security Council freezing tens of millions more. CryptoRover

Binance suspended deposits and withdrawals for checks and said customer funds are safe and it will cover all losses via SAFU and company funds. Coin Bureau

Bitcoin fell below $77,000. Exchanges quoted BTC around $77,440 on Oct 30 at 12:33 UTC, down about 3.2% in 24h, with Fear & Greed at 30-36 (Fear). BTC quotes

Posts note about $1.5 billion in 24h liquidations and roughly $170 billion wiped from total market value, while ETH fell below $2,200 and attacker-sold alts like ENA, UNI, LINK and PEPE fell 10-15%. Coin Bureau

TRM Labs linked the attack with high confidence to North Korea's TraderTraitor group, with no official government confirmation reported. BigGeorgeXL post