#binance

October 31, 2026

Binance traced the $6.3 billion theft to a compromised DevOps engineer's laptop, which enabled unauthorized withdrawals; the exchange says no private keys leaked and user funds are covered. Roughly $3 billion is frozen on-chain, including 1.567 billion USDT by Tether and 800 million USDC by Circle. TRM Labs and other blockchain analysts attribute the operation to North Korea's TraderTraitor, making this the largest single crypto theft on record. Deposits resumed; withdrawals remain suspended pending a service overhaul (BleepingComputer, SecurityWeek); earlier coverage. · Threat Intelligence

October 30, 2026

Binance is investigating the largest crypto theft on record. On-chain tallies put at least $5.57B leaving Binance-linked hot wallets across Ethereum ($3.51B), Bitcoin (18,270 BTC) and Tron ($630M); the first Ethereum transaction followed an EIP-7702 delegation — installed by a Tornado Cash-funded address three minutes and 24 seconds earlier — that let the wallet itself execute the sweep (Decrypt, BleepingComputer). Binance's own notice describes a $6.3B incident with roughly $3B frozen, points at a compromised DevOps engineer's laptop as the likely enabler of unauthorised withdrawals, says it found no evidence of leaked wallet private keys, and suspends deposits and withdrawals while SAFU covers losses (Binance). Tether and Circle froze about $1.8B early on, with zachxbt later tallying over $2.83B frozen (@DarkWebInformer) (discussion). · Threat Activity & Breaches