Crypto Hacks October 2026: Binance Shock Ends Black October, BNB Next

Lakshya Divekar
Lakshya Divekar
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Crypto Hacks October 2026: Binance Loses $6.3B in Black October

As of November 1, 2026, crypto hacks October 2026 are led by one crypto theft record. 

Attackers drained about $6.3 billion from on October 29, and its official X update says the exchange will absorb the loss. 

This Binance hack news today follows incidents at CoinDCX and CryptoBilis.

BullTheory also covered this news in its tweet on X, presenting the month as a Black October crypto recap.Bull THeory Official tweet

Was Binance Hacked Today? What Happened on October 29

The theft happened on October 29, 2026. According to TRM Labs, outflows began at 20:05 UTC and reached $6.36 billion across ten blockchains. TRM calls it the biggest crypto hacks ever.

Detail

Figure

First outflows

20:05 UTC

TRM Labs count

$6.36 billion

They covers 90% losses

Stated October 31

How Much Did they Lose in the Hack?

The Binance hack $6.3 billion figure is the exchange’s own estimate. It said it had covered about 90% by October 31.

Binance Hot Wallet Hacked Explained

A hot wallet stays online to process withdrawals. The Binance hot wallet drained in this case was emptied within minutes, and TRM assessed a hot wallet security breach of the signing infrastructure.

How Did Hackers Steal $6.3 Billion?

  • TRM found a Tornado Cash trail: small Tornado Cash mixer withdrawals funded an operator wallet.

  • On Ethereum, attackers sent 50 pre-signed EIP-7702 authorizations.

  • Other chains sent funds through standard signed transfers within 30 minutes.

Binance Hacked North Korea Link: Who Is Responsible?

TRM and Chainalysis, two blockchain intelligence firms, pointed to TraderTraitor, a North Korean state-sponsored unit. 

The FBI said on October 31 that North Korea was responsible. The North Korea attribution now rests on private and federal findings.

Is My Crypto Safe?

The exchange said users would not bear the loss, key to user funds safety.

CoinDCX Hack How Much Stolen? The Legacy Wallet Failure

CoinDCX said unusual activity on October 21 hit old wallet infrastructure. The loss was 15.99 million USDT, “absorbed by the company.”

The legacy wallet infrastructure dated from its July 2025 breach, and the compromised wallet infrastructure kept receiving deposits.

CryptoBilis Hack: Tampered Hardware Wallets

Ledger said on October 10 that one affected device held an unauthorized hardware implant. 

Confirmed cases involved wallets sold by CryptoBilis. Bitquery estimated $93.2 million drained, but Ledger has not confirmed a figure.

Crypto Hacks This Month List: Three Incidents

Crypto hacks October 2026 included three cases.

Incident

Date

Reported loss

Major exchange

October 29

About $6.3 billion

CoinDCX

October 21

15.99 million USDT

CryptoBilis

October 9

$93.2 million (Bitquery est.)

What Is Black October in Crypto?

It is BullTheory’s label for crypto hacks October 2026, and no official designation was found. 

The theft exceeds Bybit’s $1.5 billion loss from February 2025, topping the largest crypto exchange hacks of all time.

BNB Price Today: CoinGecko Snapshot

Data from CoinGecko, as of November 1, 2026:

Metric

Value

Price

$704.93

24h change

+0.2%

BNB Price today

No source above ties BNB price after Binance hackedmoves to the theft.

Expert View: What Could These Cases Mean?

Analysts may read these cases as trusted-infrastructure failures. For crypto exchange security, attention could shift toward key management and vendor checks.

As the biggest crypto hacks in history 2026, a crypto exchange hack 2026 spanned many chains in minutes. 

Crypto hack news today turns on the promised post-mortem, and crypto news today will track how much stolen crypto funds can be frozen. Crypto hacks October 2026 may reshape those checks.

Disclaimer: This article is for information only and is not financial, legal, or investment advice. Digital assets are volatile.

Lakshya Divekar

About the Author Lakshya Divekar

English News Writer at coingabbar.com

Lakshya Divekar is a Content Writer with 6 months of experience in creating well-researched, engaging, and SEO-friendly content focused on blockchain, cryptocurrency, Web3, and fintech. He specializes in simplifying complex technical concepts into clear, reader-friendly articles for both beginners and experienced readers. His expertise includes crypto market news, educational content, project research, and trend analysis. Passionate about emerging technologies, Lakshya consistently stays updated with the latest developments in the blockchain ecosystem. With strong research skills, attention to detail, and a commitment to accuracy, he delivers high-quality, plagiarism-free content that informs, educates, and engages readers while maintaining high editorial standards.

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