Hackers Steal $6.3 Billion From Binance Hot Wallets
On October 29, 2026, hackers stole an estimated $6.3 billion in cryptocurrency from Binance hot wallets, according to multiple supplied reports. The theft led to withdrawal suspensions and efforts by Binance, law enforcement, and asset issuers to freeze or recover stolen funds.
Multiple supplied sources identify a material Binance cybersecurity incident in which hackers stole an estimated $6.3 billion in cryptocurrency from Binance hot wallets on October 29, 2026. The precise theft time is not stated, so 00:00 UTC is used as a date-level estimate; the date itself is supported by several sources. Cybersecurity is the most specific development type, and the incident merits a high importance and surprise score because of its exceptional size, implications for exchange custody and controls, and potential effects on confidence and regulatory scrutiny. Confidence is high for the core theft, although the exact amount remains an estimate. Circle and Coinbase are approved stakeholders because the supplied context documents event-specific freezing, blocking, and assistance activity; indirect cybersecurity vendors, custodians, insurers, and banks are not approved because their potential effects are speculative and no event-specific commercial impact is documented. The development is approved because it is a new, forward-looking cybersecurity event with plausible consequences for crypto infrastructure, custody, compliance, and liquidity.
Kaiser Ng, the chief financial officer at Binance, the world’s largest crypto exchange, is leaving days after hackers stole more than $6 billion in cryptocurrency from the company