Binance Hack North Korea: Billions Gone, a Wallet Link and BNB Reacts
Binance Hack North Korea: $6.36B Stolen, BNB Slips to $715
As of October 30, 2026, crypto news today is led by the largest crypto hack ever recorded.
On October 29, an attacker moved about $6.36 billion out of the exchange’s wallets across ten blockchains, according to TRM Labs.
TRM ties the theft to North Korean hackers, making this the Binance hack North Korea case now being traced. Here is the Binance hack today latest update.
How Much Was Stolen From Binance?
Most funds left in about 20 minutes from 20:05 UTC. The Binance hack news from its official statement puts the impact near $6.3 billion, while Binance hack 6.36 billion figure prices each transfer at the moment it happened.
Item | Detail |
Date | October 29, 2026 |
Amount | $6.36B (TRM), about $6.3B (exchange) |
Binance withdrawals suspended | Yes, as a precaution |
Attribution | TraderTraitor |
Who Hacked Binance and What Is TraderTraitor?
TRM attributes the attack to TraderTraitor with high confidence. The FBI named the same North Korean unit in the $1.5 billion Bybit theft of February 2025, notes.
AshCrypto also covered this news in a tweet on X, describing TraderTraitor as a Lazarus Group unit. That puts the Lazarus Group Binance case in the same family.
A Bybit hack comparison shows the scale. In a Binance hack vs Bybit hack view, the new theft is about four times larger.
How Did North Korea Hack Binance?
TRM’s main findings, with preparation starting October 28:
Tornado Cash: small withdrawals funded the operator wallet.
Hot wallet: one wallet became a sweeper contract.
Signing infrastructure: nine other chains sent funds through ordinary transfers, which TRM reads as a compromise.
Peel chain: 18,270 BTC was split into round pieces.
Binance Hack EIP-7702 Explained
On Ethereum, the attacker used an EIP-7702 delegation backed by 50 pre-signed authorizations.
The exchange’s early view differs: a compromised DevOps engineer’s laptop may have enabled the withdrawals, with no evidence of a private key leak.
Binance Hack North Korea Bitget Link
CoinGabbar’s graphic, built on Labs on-chain tracing, shows funds from the September 2026 Bitget exploit and this theft reaching wallet 0x1510...feb7 via THORChain. Bitget’s incident page puts that earlier loss near $388 million.
How Much Stolen Binance Funds Were Frozen?
Binance stolen funds frozen total about $2.7 billion by TRM’s count, against about $3 billion by the exchange’s own. The stablecoin freeze came in stages:
Action | Amount |
Tether freeze | about 1.77B USDT |
Circle USDC freeze | about 825M USDC |
Ripple RLUSD freeze | 40.5M RLUSD |
Arbitrum Security Council | 8,426 ETH, 74.6M ARB |
They says the attacker still holds roughly $2.4 billion in ETH and BTC.
Is Binance Safe After the Hack?
Binance hack North Korea reports have not changed its pledge: Binance funds safe, with losses covered from the SAFU fund.
For users asking are my funds safe on Binance, an updated Proof of Reserves is promised. Why did Binance suspend withdrawals? It called the step a precaution.
Binance Hack BNB Price Impact
CoinGecko shows the BNB price today:
Metric | Value |
BNB price | $715.32 |
24h change | -5.1% |
The dip came as the incident unfolded; the data alone proves no cause.
Expert View: What Could Come Next?
In the Binance hack North Korea case, analysts following crypto news may treat the biggest crypto hack in history, and the largest crypto theft on record, as a custody story first.
TRM expects bridges, swap services and brokers next, so on-chain tracing matters. Price impact remains uncertain.
Disclaimer: This article is for information only and is not financial or investment advice. Crypto assets are volatile. Verify details with official sources.
