Topic
binance
20 stories
Elliptic: Binance hackers have swapped $124M of stolen altcoins into bitcoin, little cashed out so far
Blockchain analytics firm Elliptic says attackers in last week's $6.43 billion Binance breach have converted about $124 million in stolen altcoins into bitcoin, while Binance moves to reopen more token withdrawals.
Half the $6.43B Binance Haul Is Still Unlaundered, Elliptic Says
Elliptic says roughly half of the $6.43 billion stolen from Binance on October 29 remains unlaundered, with $3.11 billion still held by the attacker and $2.85 billion frozen or seized.
North Korean hackers resume laundering Binance's stolen billions through THORChain as RUNE rises 10%
North Korea's TraderTraitor is routing proceeds of the $6.3 billion Binance hack through THORChain, swapping ether into unfreezable bitcoin, as RUNE jumped about 10% when the network resumed trading after an Oct. 31 halt.
Coinbase touts 99% cold storage as Binance says it has replaced 98% of its $6 billion-plus hack
Coinbase said it holds more than 99% of customer assets in offline cold storage and was untouched by the roughly $6.3–6.4 billion Binance breach, which Binance says it has already replenished by about 98%.
Binance blames fake job interview and internal AI tool for $6.3 billion breach
Binance's own incident report blames a months-long North Korea-linked campaign — a fake job interview and compromised internal AI tooling — for the roughly $6.3 billion theft, as it reopens withdrawals and says it has recovered most assets.
North Korea Denies Binance Hack as FBI Pins $6.3B Theft on Pyongyang
North Korea's Kim Yo Jong rejected the FBI's finding that its hackers stole over $6 billion from Binance, as the exchange said deposits had begun outpacing withdrawals after $4.72 billion in net outflows.
Binance's SAFU fund is down to ~7,500 BTC after the exchange tapped it for a $6.3B hack
Binance has spent about half the bitcoin in its SAFU user-protection fund to help cover a $6.3 billion hack, leaving roughly 7,500 BTC (~$580 million) and no timeline for a refill, on-chain data shows.
Binance publishes fresh proof of reserves, says 95% of record-hack losses replenished
Binance says it has completed a zero-knowledge proof-of-reserves snapshot for 10 assets and replenished about 95% of funds lost in a record $6 billion exploit, with withdrawals set to resume progressively from Tuesday.
Bitmine's ether pile hits 6.06 million ETH as Tom Lee spins the Binance hack as a non-event
Bitmine said it bought 8,573 ETH last week, lifting its ether treasury to about 6.06 million tokens, as chairman Tom Lee called the market's response to the $6.3 billion Binance hack "constructive.
Binance reopens withdrawals, logs $3.64 billion in net outflows days after $6.3 billion hack
Binance processed about $3.64 billion in net outflows in the first nine and a half hours after reopening withdrawals following last week's $6.3 billion hack, the exchange said.
FBI pins $6B Binance hack on North Korea's TraderTraitor, asks DeFi to block addresses
The FBI has attributed last week's roughly $6 billion Binance theft to North Korea's TraderTraitor group and is asking DeFi operators to blacklist hundreds of laundering addresses, as Binance says it has replaced 90% of the stolen funds.
Chainalysis says an AI-assisted hacker accessed customer names and emails
Chainalysis disclosed that an AI-assisted hacker breached its systems this month and accessed non-sensitive customer data — names, emails, user IDs and role labels — while the firm separately tracks the roughly $6.3 billion Binance theft.
How attackers drained an estimated $6.3 billion from Binance — and why Washington is now arguing about it
Attackers stole an estimated $6.3 billion from Binance on Oct. 29 by compromising its hot-wallet signing infrastructure; investigators blame North Korea, and Binance says it will cover the losses in full.
Binance pledges $6.34 billion to cover losses from laptop-borne breach
Binance says it has set aside $6.34 billion of its own funds to cover losses from a Thursday breach it blames on a compromised DevOps laptop, as partners froze roughly $3 billion more.
Binance pledges $6.34B of its own funds after record $6.3B hot-wallet theft
Binance says it has earmarked more than $6.34 billion of its own money to make users whole after roughly $6.3 billion was drained from its hot wallets, the largest crypto theft on record.
Binance hacker parks $1.4B in bitcoin across 19 wallets — and sits on it
An attacker who drained roughly 18,270 BTC (~$1.4 billion) from Binance split the haul into 19 wallets within minutes, and the coins hadn't moved as of Friday morning; blockchain firm TRM Labs tied the theft to North Korea.
Binance says $6.3B stolen in suspected breach; stablecoin issuers freeze funds and withdrawals halt
Binance says about $6.3 billion in crypto was stolen in a suspected Thursday breach, prompting frozen stablecoins, suspended withdrawals and over $1 billion in liquidations as bitcoin fell below $77,000.
Binance Is Shutting Down Its Mining Business on Nov. 10
Binance will close Binance Pool, Cloud Mining, Pool Savings, and Transaction Accelerator on Nov. 10, 2026, ending its mining business as it pushes into AI tools and TradFi-linked derivatives.
DOJ moves to seize $61M in crypto it ties to Iranian black-market oil
The U.S. Justice Department filed a civil forfeiture complaint on September 14 seeking $61 million in cryptocurrency it alleges was laundered from Iranian black-market oil sales through Binance accounts and unhosted wallets.
Binance adds options on 1,000+ U.S. stocks and ETFs, citing a jump in TradFi derivatives volume
Binance is launching physically settled options on more than 1,000 U.S. stocks and ETFs for non-U.S. customers, routed through an Abu Dhabi broker to Alpaca Securities, as its self-reported TradFi perpetual volume climbs.