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Crypto Exchanges Ramp Up Security Measures Following $6.3 Billion Binance Heist

Crypto Exchanges Ramp Up Security Measures Following $6.3 Billion Binance Heist

Crypto exchanges rush to tighten security after $6.3bn Binance heist
Crypto exchanges rush to tighten security after $6.3bn Binance heist

Rival venues place ‘additional alerts and restrictions’ on the movement of funds

Crypto exchanges call for quick moves to bolster defenses after Binance heist
Crypto exchanges call for quick moves to bolster defenses after Binance heist

Crypto exchanges are strengthening defenses and promoting information-sharing after Binance's major $6.3 billion hack. Coinbase adjusted its systems for storing cryptocurrency keys while Kraken...

Crypto exchanges call for quick moves to bolster defenses after Binance heist
Crypto exchanges call for quick moves to bolster defenses after Binance heist

Crypto exchanges are taking quick action to bolster their defenses and urging greater ​industry-wide information-sharing after a record $6.3 billion hack of Binance exposed their vulnerability...

Crypto exchanges tighten security after $6.3B Binance hack raises alarms
Crypto exchanges tighten security after $6.3B Binance hack raises alarms

Following a $6.3 billion hack of Binance, crypto exchanges are rapidly strengthening defenses and advocating for improved industry-wide information-sharing.

Crypto Exchanges Face a Security Reckoning After $6.3B Binance Hack
Crypto Exchanges Face a Security Reckoning After $6.3B Binance Hack

Coinbase, Kraken, Gemini, and OKX moved to tighten security and reassure users after the $6.3B Binance hack, as Binance put its restoration window at 34 hours.

Binance Recovers 90% of Stolen Crypto Assets and Plans for Withdrawal Resumption

Binance Reports 90% of Stolen Funds Restored, Sets Sunday Payouts
Binance Reports 90% of Stolen Funds Restored, Sets Sunday Payouts

Binance says it has restored 90% of the cryptocurrency assets it claims were stolen in its record $6.3 billion hack, up from 80% the day before. The exchange also says it is on track to restart...

Binance says 90% of stolen assets replenished, targets Sunday withdrawals
Binance says 90% of stolen assets replenished, targets Sunday withdrawals

Less-liquid tokens make up the remaining shortfall as Binance continues buying replacement assets through market and over-the-counter trades.

Binance Restores 90% of Stolen Crypto, Promises Withdrawals Soon

Binance said it has covered about 90% of the $6.3 billion worth of cryptocurrency that hackers stole earlier this week and plans to restore withdrawals by Sunday, making progress on a pledge to...

Binance Reports 90% Replenishment, Updates PoR After $6.3B Hack
Binance Reports 90% Replenishment, Updates PoR After $6.3B Hack

Binance said it had replenished 90% of assets affected by its $6.3 billion security breach and published an updated Proof of Reserves snapshot.

Binance Recovers 90% of $6.3B Hack Losses – Withdrawals Set to Resume
Binance Recovers 90% of $6.3B Hack Losses – Withdrawals Set to Resume

TLDR; Binance recovers 90% of the cryptocurrency stolen in its record-breaking $6.3 billion security breach, with the exchange targeting Sunday, November 1, to resume customer withdrawals. Binance...

Binance says it has replaced 90% of stolen crypto after massive $6.3 billion breach
Binance says it has replaced 90% of stolen crypto after massive $6.3 billion breach

Binance is absorbing all losses through corporate funds, futures reserves, and SAFU, keeping user balances intact.

Binance Says 90% of Stolen Assets Replenished, Targets Nov. 1 Restart
Binance Says 90% of Stolen Assets Replenished, Targets Nov. 1 Restart

Its new reserves page reports full backing for major tokens, while the complete cryptographic proof is expected by Nov. 3.... Read the full story at The Defiant

Binance Targets November 1 Withdrawal Reopening After 90% Replenishment
Binance Targets November 1 Withdrawal Reopening After 90% Replenishment

Binance remains on track to resume withdrawals on November 1 after reporting 90% replenishment of assets affected by its $6.34 billion security breach.

Binance Buys Back Stolen Assets via OTC Deals After $6.3B Hack as Ethena Sends $24M
Binance Buys Back Stolen Assets via OTC Deals After $6.3B Hack as Ethena Sends $24M

Ethena deposits $24M in ENA to Binance as the exchange buys back stolen altcoins to restore token-for-token reserves after its $6.3B hack.

$6.3B Binance Hack Ignites Political Controversy Ahead of Elections

Binance $6.3B Hack Fuels Pre-Election Political Debate
Binance $6.3B Hack Fuels Pre-Election Political Debate

The staggering $6.3 billion Binance hack has quickly spilled beyond the cyber realm, pulling U.S. lawmakers and political figures into the debate over how— and whether— crypto should be regulated....

Binance $6.3B hack revives political debate ahead of elections
Binance $6.3B hack revives political debate ahead of elections

A massive $6.3 billion hack of Binance has triggered an immediate political scramble in the United States, with election-season remarks rolling in as investigations and recovery efforts get...

Binance $6.3B record hack sparks pre-election political clashes
Binance $6.3B record hack sparks pre-election political clashes

Some political and administration figures tried to make hay of the biggest-ever crypto heist.

$6.3B Binance Hack: Trump Says US Is Looking Into It, but Adds ‘We’ll See’
$6.3B Binance Hack: Trump Says US Is Looking Into It, but Adds ‘We’ll See’

US President Donald Trump said the US is investigating Binance’s $6.3 billion hack as the incident renews calls for stronger crypto exchange regulations.

Indian MP Questions Crypto Lobby After Binance’s $6.3B Security Breach
Indian MP Questions Crypto Lobby After Binance’s $6.3B Security Breach

Indian lawmaker Nishikant Dubey questioned the influence of the crypto lobby after Binance disclosed a security breach with an estimated $6.3 billion impact.

Binance's $6.3 Billion Hack: How It Happened and What Comes Next for Users

Binance $6.3B Hack: Timeline Recap of How the Breach Unfolded
Binance $6.3B Hack: Timeline Recap of How the Breach Unfolded

Binance says it has reserved more than $6.34 billion in company funds to cover losses after hackers stole roughly $6.3 billion from the exchange on Thursday, in what TRM Labs has described as the...

The $6.3 billion Binance hack paradox: Centralization made the hack possible, but also saved $3 billion
The $6.3 billion Binance hack paradox: Centralization made the hack possible, but also saved $3 billion

The Binance hack has revived debates about whether decentralization is the digital asset industry’s greatest security advantage or its biggest point of weakness.

Why Didn’t Bitcoin Crash Harder After the Binance Hack? CZ Weighs In
Why Didn’t Bitcoin Crash Harder After the Binance Hack? CZ Weighs In

CZ believes the headline $6.3 billion figure does not tell the full story.

As it happened: Binance’s record $6.3B crypto hack
As it happened: Binance’s record $6.3B crypto hack

How Binance’s $6.3 billion hack unfolded, from the first onchain alerts to $3 billion in frozen funds and a widening security investigation.

Binance Hack: Are Funds Safu? What We Know So Far About the Biggest Heist in Crypto History
Binance Hack: Are Funds Safu? What We Know So Far About the Biggest Heist in Crypto History

Cryptocurrency giant Binance faces what could be the largest exchange hack in history after a security breach affected an estimated $6.3 billion in digital assets, eclipsing the record-setting...

Binance Says It Has Reserved Over $6.34 Billion to Cover Hack Losses
Binance Says It Has Reserved Over $6.34 Billion to Cover Hack Losses

The exchange says $5 billion is already held in the affected tokens, while withdrawals remain paused during a security overhaul.... Read the full story at The Defiant

Binance Suffers $6.3 Billion Hack, Pledges to Cover All User Losses
Binance Suffers $6.3 Billion Hack, Pledges to Cover All User Losses

Binance confirmed the incident but reassured that user funds will be covered in full.

Binance says it holds $5B in matching tokens to cover hack losses
Binance says it holds $5B in matching tokens to cover hack losses

The exchange said it set aside more than $6.34 billion to cover losses and would include the assets in its next proof-of-reserves report.

Recap: How Binance’s record $6.3B hack unfolded
Recap: How Binance’s record $6.3B hack unfolded

A recap of Cointelegraph’s live coverage of the Binance hack, including early breach reports and the exchange’s full reimbursement pledge.

Binance Hack Deepens: EIP-7702's Role in $6.3B Breach and Recovery Efforts Unveiled

EIP-7702 Not Behind Binance Hack, but Could Have Worsened Losses
EIP-7702 Not Behind Binance Hack, but Could Have Worsened Losses

Blockchain security firm Blockaid believes the scale of Binance’s $6.3 billion hack may have been enabled by a compromise of the exchange’s wallet signing setup—rather than a straightforward...

Binance uncovers wider breach in $6.3 billion exploit, targets Sunday withdrawal restart
Binance uncovers wider breach in $6.3 billion exploit, targets Sunday withdrawal restart

CEO Richard Teng said hackers erased evidence and bypassed security checks. Binance plans to publish its proof of reserves Monday.

Binance Links EIP-7702 Authorization to $6.3B Hot Wallet Hack
Binance Links EIP-7702 Authorization to $6.3B Hot Wallet Hack

Binance says attackers exploited Ethereum's EIP-7702 authorization feature to take control of one of its hot wallets and steal approximately $6.3 billion in crypto assets across 10 blockchains.

EIP-7702 didn’t cause Binance hack, but may have amplified losses
EIP-7702 didn’t cause Binance hack, but may have amplified losses

Security experts said attackers could have drained Binance’s wallets without EIP-7702, but the Ethereum upgrade may have helped bypass withdrawal safeguards.

Binance’s Teng Targets Sunday Withdrawal Restart After Hack
Binance’s Teng Targets Sunday Withdrawal Restart After Hack

The co-CEO says Binance has reserved over $6.34 billion in company funds and plans to publish a full Proof of Reserves report by Monday.... Read the full story at The Defiant

Binance Attacker Used EIP-7702 to Bypass Wallet Controls, Teng Says
Binance Attacker Used EIP-7702 to Bypass Wallet Controls, Teng Says

Binance is rebuilding its withdrawal service after a breach it estimates at $6.3 billion. Teng also said attackers destroyed tools and traces during the intrusion.... Read the full story at The...

Binance’s $6.3B Hack: What Teng Revealed About the Attack and Recovery
Binance’s $6.3B Hack: What Teng Revealed About the Attack and Recovery

Binance co-CEO Richard Teng disclosed new details of the $6.3 billion hack, including an EIP-7702 authorization bypass and plans to restore withdrawals.

Binance points to engineer’s hacked laptop in $6.3B breach
Binance points to engineer’s hacked laptop in $6.3B breach

Binance said attackers may have used a compromised DevOps laptop to access internal infrastructure.

Crypto Markets Shaken: Bitcoin and Ether Dip as $1.68B Liquidations Follow Binance Hack

Bitcoin Price Today: BTC Falls to $77K as $427M in Crypto Liquidations Hit, ETFs See $643M Outflow
Bitcoin Price Today: BTC Falls to $77K as $427M in Crypto Liquidations Hit, ETFs See $643M Outflow

Bitcoin trades near $77,000 as $427 million in crypto liquidations hit, and spot Bitcoin ETFs record $643.33 million in outflows amid Binance hack fallout.

Crypto liquidations jump to $1.57 billion as Binance hack sends bitcoin, ether lower
Crypto liquidations jump to $1.57 billion as Binance hack sends bitcoin, ether lower

Bitcoin traded near $77,350 after $6.3 billion Binance hack, with crypto futures liquidations jumping to $1.57 billion.

Bitcoin price metrics hint at rebound as $1.6B liquidations follow Binance hack
Bitcoin price metrics hint at rebound as $1.6B liquidations follow Binance hack

Bitcoin held above $76,000 after a $6.3 billion Binance hack and a tech-stock sell-off, as momentum indicators pointed to a possible rebound.

Live updates: Bitcoin falls below $77,000 as Binance exploit combines with tech woes

The $6.3 billion Binance hack added to crypto jitters, while weak earnings outlooks and mounting concerns over AI spending pushed the Nasdaq down more than 2%.

Binance Hack Rattles Crypto Markets – BNB Drops 8%
Binance Hack Rattles Crypto Markets – BNB Drops 8%

TL;DR Cryptocurrency markets extended their losses after Binance reported a major security breach estimated at $6.3 billion. BNB declined more than 8%, while Bitcoin approached $77,000 and...

Bitcoin, Ether slide as Binance reports security concerns
Bitcoin, Ether slide as Binance reports security concerns

Bitcoin fell to a six-week low of US$77,646.

Altcoin Market Turns Red as Binance Hack Triggers $1.68B in Liquidations
Altcoin Market Turns Red as Binance Hack Triggers $1.68B in Liquidations

The crypto market fell 3.32% as Ethereum, BNB, XRP, and Solana declined following the reported $6.3 billion Binance security breach, while leveraged traders faced $1.68 billion in liquidations.

North Korean Hackers Linked to $6.4 Billion Binance Crypto Theft

FBI Attributes $6 Billion-Plus Binance Hack to North Korea
FBI Attributes $6 Billion-Plus Binance Hack to North Korea

The bureau named TraderTraitor and sought blocks on the laundering trail, while Binance kept Nov. 1 as its withdrawal restart target.... Read the full story at The Defiant

Blockchain analysis firm TRM says North Korea behind Binance crypto theft
Blockchain analysis firm TRM says North Korea behind Binance crypto theft

North Korean hackers were behind a $6.3 billion raid on cryptocurrency exchange Binance, according to US blockchain analysis firm TRM Labs.

Blockchain analysis firm TRM says North Korea behind Binance crypto theft
Blockchain analysis firm TRM says North Korea behind Binance crypto theft

North Korean hackers were ​behind a $6.3 billion ‌raid on cryptocurrency exchange Binance, according to ​US blockchain ​analysis firm TRM Labs.

North Korean hackers behind $6.3 billion Binance crypto raid, says TRM Labs
North Korean hackers behind $6.3 billion Binance crypto raid, says TRM Labs

Blockchain analysis firm TRM Labs says North Korea's TraderTraitor hacking group carried out the $6.36 billion raid, moving funds across 10 blockchains in around 20 minutes

TRM and Chainalysis Tie $6.4B Binance Hack to North Korea's TraderTraitor
TRM and Chainalysis Tie $6.4B Binance Hack to North Korea's TraderTraitor

Both firms blame the group behind the Bybit hack, as Binance says it has set aside $6.34 billion of its own funds to cover user losses.

North Korea’s TraderTraitor linked to $6.3B Binance hack
North Korea’s TraderTraitor linked to $6.3B Binance hack

TRM Labs said it has high confidence in the attribution, while ZachXBT identified stolen funds from the Binance and Bitget hacks converging at the same address.

Binance's $6.3B Hack: Unraveling the Impact and Aftermath of a Record Crypto Breach

Binance Hack of $6.3B: Record Loss Highlights Exchange Risk
Binance Hack of $6.3B: Record Loss Highlights Exchange Risk

Binance has pegged the estimated impact of its reported security breach at around $6.3 billion, while saying $3 billion in crypto has been verified as frozen. As investigators trace how the attack...

Binance $6.3B Hack: Timeline Recap of How the Breach Unfolded
Binance $6.3B Hack: Timeline Recap of How the Breach Unfolded

Binance disclosed it has set aside more than $6.34 billion to cover losses after hackers stole about $6.3 billion from the exchange on Thursday, an incident now described by blockchain tracing...

Binance arranges $6.34 billion to cover losses from record crypto hack
Binance arranges $6.34 billion to cover losses from record crypto hack

Binance said it reserved its own funds to cover the $6.3 billion hack, including freezes of roughly $3 billion in stolen assets.

India USDT, USDC Premiums Hit Records Amid Binance Hack
India USDT, USDC Premiums Hit Records Amid Binance Hack

India's USDT and USDC premiums hit record highs on October 30 as Binance suspended withdrawals after a security incident with an estimated $6.3 billion impact.

Crypto Market Faces Turmoil with $6.3B Binance Hack Triggering Selloff and Analyst Recommendations

Crypto Stocks Slide Alongside Bitcoin as Binance Reports $6.3B Breach
Crypto Stocks Slide Alongside Bitcoin as Binance Reports $6.3B Breach

Coinbase, Strategy and Strive posted double-digit losses in early US trading, while Binance said it had frozen about $3 billion in affected assets.

Coinbase leads crypto stock selloff following $6.3B Binance hack
Coinbase leads crypto stock selloff following $6.3B Binance hack

Circle, Strategy and other crypto-linked stocks fell sharply Friday, a day after Binance disclosed a $6.3 billion security breach.

Wall Street analysts urge investors to buy crypto stocks after $6.3 billion Binance hack
Wall Street analysts urge investors to buy crypto stocks after $6.3 billion Binance hack

Analysts at Cantor Fitzgerald, TD Cowen and Compass Point say the $6.3 billion Binance hack is unlikely to derail the crypto market's recovery.

Binance Hacked for $6.3B, Fed Holds Rates, Bitcoin Crashes to 6-Week Low: Weekly Crypto Recap
Binance Hacked for $6.3B, Fed Holds Rates, Bitcoin Crashes to 6-Week Low: Weekly Crypto Recap

The biggest hack in the crypto industry took place on Friday morning and sent shockwaves across the entire market.

Crypto Market Cap Slides 4.6% to $2.59T as Binance Probes $6.3B Hack
Crypto Market Cap Slides 4.6% to $2.59T as Binance Probes $6.3B Hack

Crypto market capitalization fell 4.6% to $2.59 trillion as Bitcoin and Ether declined, and Binance investigated its reported $6.3 billion security incident.

FBI and Secret Service Launch Investigation into Binance's Massive $6.3B Crypto Hack

FBI and U.S. Secret Service Step In After Binance $6.3B Hack
FBI and U.S. Secret Service Step In After Binance $6.3B Hack

The FBI and the US Secret Service have confirmed they are working with Binance after the exchange disclosed a $6.3 billion hack, as investigators and blockchain analytics firms try to trace and...

FBI and Secret Service join response to Binance’s $6.3B hack
FBI and Secret Service join response to Binance’s $6.3B hack

US agencies are investigating the theft and helping trace stolen assets, while Binance says about $3 billion has been frozen.

FBI & US Secret Service Join $6.3B Crypto Heist Probe as Binance Buys Back Stolen Coins
FBI & US Secret Service Join $6.3B Crypto Heist Probe as Binance Buys Back Stolen Coins

Binance sets aside $6.34 billion to cover its $6.3 billion hack, buys back stolen altcoins, and works with the FBI and USSS to recover funds.

This Is What Binance Has Done Following $6.3B Hack
This Is What Binance Has Done Following $6.3B Hack

The exchange revoked affected address authorizations and is working with law enforcement and blockchain firms to trace and recover assets.

Coverage dates

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