Binance Confirms $6.3 Billion Security Breach, Its Biggest Ever, and Says User Funds Are Safe
Binance, the world's largest cryptocurrency exchange, has confirmed a security breach with an estimated impact of about $6.3 billion — the biggest cryptocurrency theft ever recorded. On 30 October 2026, the exchange said an attacker used a compromised employee laptop to push unauthorised withdrawals out of its hot wallets, that about $3 billion in affected assets had been frozen with industry partners, and that it would cover all losses. It also said user funds are safe. The investigation is still open, and almost every number here comes from Binance or blockchain firms analysing public records. The timing explains why "binance hack" searches spiked in the United States and the United Kingdom on 30 October. The money moved on Thursday evening, 29 October; the confirmation, the freeze total and the withdrawal pause followed within hours. What follows separates what Binance has confirmed from what analysts say they can see on the blockchain — and what nobody has establishe...