←Story detail

Trending story Continuously updated

Binance hit by $6.3 billion hack

4 reports4 discussions8 story updatesUpdated Nov 4 17:22

Understand this story

AI overview

On November 3, 2026, Binance, the world's largest cryptocurrency exchange, suffered a hacker attack in which $6.3 billion was stolen, including a single transaction in which more than $2.5 billion was transferred out. Binance said it will bear all losses and that user funds are safe, and it has frozen about half of the stolen funds; after the hack, the platform saw net outflows of about $3.6 billion, equal to 2.1% of its $171 billion in total assets under management. On the same day, Binance released preliminary investigation results, saying that fake recruitment interviews, malicious developer software and a compromised internal AI tool together led to the theft of about $634 million in digital assets on October 29; as of October 31, 98% of the affected token assets had been restored, and about $285 million had been frozen or intercepted. Other reports said the attack began in June this year, with attackers implanting malicious code through a tampered Homebrew installer and fake interviews, and finally launching the attack on October 30 using stolen credentials.

AI-generated from public reports

Latest development · Report

Binance Discloses Investigation Report on $6.3 Billion Cryptocurrency Theft Incident

Developments

2 confirmed developments

  1. Binance hit by $6.3 billion hack

    Source:The Guardian Technology
  2. Binance announces preliminary investigation results of hacker attack

    Source:Unite.AI

Reports and discussion timeline

Browse reports and discussion by time. Their evidence levels remain distinct.

Nov 4

  1. Solidot

    Binance Discloses Investigation Report on $6.3 Billion Cryptocurrency Theft Incident

    Binance's official blog published a preliminary investigation report explaining how hackers stole $6.3 billion worth of cryptocurrency. The attack began in June of this year, when a wallet DevOps engineer downloaded a tampered Homebrew installer from a search engine in order to install a popular AI programming tool; in September, the attacker again impersonated a project director on a legitimate job platform, conducted two rounds of video interviews with another engineer, and implanted malicious code in the form of an assignment containing a code repository. In October, the attacker used the compromised computer and internal AI tools to control other engineers' devices, and ultimately on October 30 used stolen credentials to deploy containers and execute malicious scripts to launch the attack.

  2. SolidotRelated discussion

    Solidot joined this discussion

    This post contributes to heat; it is not a formal report or confirmed fact.

  3. Ayi AI NotesRelated discussion

    Ayi AI Notes joined this discussion

    This post contributes to heat; it is not a formal report or confirmed fact.

  4. Ayi AI Notes

    Binance Publishes October 29 Security Incident Report: North Korean Hackers Stole $6.34 Billion via Fake Interviews and Trojans

    Binance released a preliminary investigation report on the October 29 security incident, stating that North Korean hackers lurked for four months by disguising themselves as job interviews, and ultimately transferred 233 million XRP, 970,000 SOL, 44.2 million OP, and 18,270 BTC out of 5 hot wallets, involving assets worth $6.34 billion. In the attack chain, the hackers had engineers run code repository test questions on work computers, replaced pyenv with a 3,414-byte Trojan, and used internal AI tools to scout and obtain core wallet operations permissions, then exploited the Ethereum EIP-7702 authorization mechanism to continuously drain funds. Binance said it has intercepted and frozen $2.85 billion, promised 100% full compensation for user losses, and has replenished 98% of affected tokens in its proof of reserves.

  5. The Guardian TechnologyRelated discussion

    The Guardian Technology joined this discussion

    This post contributes to heat; it is not a formal report or confirmed fact.

  6. Unite.AISelected

    Binance Discloses $634 Million Theft Incident: Fake Interviews and Internal AI Tool Compromised

    In preliminary investigation findings published on November 3, Binance said that fake recruitment interviews, malicious developer software, and a compromised internal AI tool together led to the theft of approximately $634 million in digital assets on October 29. Binance said it will bear the losses itself, has set aside coverage funds exceeding 100%, had restored 98% of affected token assets as of October 31, and has frozen or intercepted approximately $285 million. The attackers also used Ethereum's EIP-7702 authorization mechanism to establish malicious delegations, making it impossible to immediately revoke on-chain permissions by suspending withdrawals; Binance has rebuilt the affected wallet system and internal AI tool in a new environment and will bring in independent third-party security experts for review.

  7. FT TechnologyRelated discussion

    FT Technology joined this discussion

    This post contributes to heat; it is not a formal report or confirmed fact.

Nov 3

  1. The Guardian Technology

    After Binance suffered a $6.3 billion cryptocurrency theft, how can it restore brand trust?

    The world's largest cryptocurrency exchange, Binance, suffered a $6.3 billion theft, which experts believe was most likely carried out by North Korean hackers, with more than $2.5 billion transferred away in a single transaction. Binance said it will bear all losses and that user funds are safe, and it has frozen about half of the stolen funds; after the hack, the platform saw net outflows of about $3.6 billion, accounting for 2.1% of its $171 billion in total assets under management. Because countries such as the United States, the United Kingdom, and Australia do not provide cryptocurrency deposit protection, most users' losses cannot be compensated by the government.

Heat trend for this story

Current
30
Period peak
37 Nov 4 18:00
24-hour change
—

Move the pointer or select the chart to inspect hourly heat. Use the left and right arrow keys with a keyboard.

Related stories

  1. Related storiesNetEase Zhizhi launches first AI-native security product system
  2. Related storiesS2W showcases XARVIS and QUAXAR at the it-sa exhibition
  3. Related storiesPeter Steinberger recommends using your own harness
  4. Related storiesTCS study shows 84% of executives believe AI brings productivity gains