The $6.3B Binance Hack: Everything We Know So Far
Inside Binance’s $6.3 billion hack: the wallet-signing attack, frozen assets, withdrawal restart target and questions the final investigation must answer.
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Inside Binance’s $6.3 billion hack: the wallet-signing attack, frozen assets, withdrawal restart target and questions the final investigation must answer.
ZachXBT says funds from both exploits converged after THORChain transfers, pointing to a possible link with North Korea’s TraderTraitor.
Musk predicts superintelligent agents could seek money for themselves, replying to a Binance-related post without presenting evidence of AI involvement.
CoinDesk traced roughly 18,270 stolen BTC into 19 addresses, highlighting why Bitcoin recovery differs from issuer freezes of stolen stablecoins.
Binance estimates $6.3 billion in hack losses and $3 billion frozen, pledging full coverage as deposits operate normally and withdrawals remain paused.
TRM Labs attributes the $6.36 billion Binance theft to North Korea’s TraderTraitor with high confidence, as the exchange’s investigation continues.
Geoffrey Kendrick expects further crypto weakness after the Binance hack, while retaining a long-term bullish view on Uniswap.
Musk reacts to Binance hack reports with a cybersecurity pun, without establishing that a zero-day vulnerability caused the incident.
Binance says withdrawals will resume after security checks and user funds remain safe, as Crypto Briefing reports $5.57 billion in wallet outflows.
CZ says Binance losses may be higher than an analyst’s $1 billion estimate and will be covered; the final amount and funding details remain undisclosed.
Ethereum records show 50 signed authorizations before the Binance 14 wallet drain, while the origin of the signatures remains unknown.
Aave says some markets may be temporarily frozen amid the Binance incident, pausing new supplies and borrowing as a precaution.
Tether CEO Paolo Ardoino confirms more than $1.567 billion in USDT frozen in connection with a potential Binance hack, exceeding the earlier estimate.
Circle CEO Jeremy Allaire confirms over $800 million USDC frozen in coordination with law enforcement amid a potential Binance exploit.
Kraken data show XMR spiking from about $598 to $649 before retreating, while a direct link to the suspected Binance incident remains unproven.