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Binance crypto hack

Binance deals with security incident, user funds are safe, suspends deposits and withdrawals, $6.3 billion impacted.

Updated 10:07 UTC, 30 October 2026 · 10 reports from 8 outlets · 6 confirmed · 37 one-source

Top reportWorld’s largest crypto exchange investigates suspected multibillion-dollar hackRT · State media ·

Image from TASS: What is known about 'security incident' at Binance cryptocurrency exchange

Image: TASS

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Written by AI only from the receipts on this page; each number links to the claim that line rests on.

People, places & organisations

What changed

Last 48 hours, newest first (times UTC)

  1. Ghost edit TRT World edited "TRT World - Crypto platform Binance confirms major hack, freezes assets worth ar": Changed: $2.5B to $3B, $1.6B to $971M, $800M to $823M, added Yi He, $6.3B. 4 hrs ago
  2. Ghost edit BBC World News edited "Crypto giant Binance hit by hack suspected to be largest in history": largest hack' changed to 'hack suspected to be largest 4 hrs ago
  3. Ghost edit Al Jazeera edited "Binance says $6.3bn stolen in biggest crypto heist in history": Amount changed from $3bn to $6.3bn, "frozen" to "stolen", and added names Changpeng Zhao, Foley, Ari Redbord. 4 hrs ago
  4. Ghost edit The Guardian World edited "Crypto exchange Binance freezes billions in funds amid potential $6.3bn security": Amount of frozen funds changed from $2.5bn to $6.3bn. 5 hrs ago
  5. Where it stands Binance deals with security incident, user funds are safe, suspends deposits and withdrawals, $6.3 billion impacted. 5 hrs ago
58 earlier changes
  1. Where it stands Binance deals with security incident, user funds are safe, deposits and withdrawals suspended, $6.3 billion impacted. 6 hrs ago
  2. Ghost edit RT World News edited "Binance probes possible multibillion-dollar crypto hack": Changed: details on investigation, hack amounts ($388M, $285M, $292M), and actions taken (suspension, law enforcement involvement, $2.54B asset freeze). 6 hrs ago
  3. Where it stands Binance deals with a security incident, user funds are safe, and deposits and withdrawals are suspended. 8 hrs ago
  4. New claim Binance will cover all losses 8 hrs ago
  5. Ghost edit Al Jazeera edited "Binance says $3bn in crypto funds frozen amid ‘potential security issue’": Changed: $2.54bn to $3bn, added "all losses" coverage, and added hacking incident details. 9 hrs ago
  6. Ghost edit The Guardian World edited "Crypto firms freeze more than $2.5bn in funds as Binance investigates potential ": Binance and $2.5bn added to headline and article. 10 hrs ago
  7. Where it stands Binance deals with a security incident, user funds are safe. 10 hrs ago
  8. New claim Tether froze about $1.6 billion 10 hrs ago
  9. New claim Zhao: “the exact words” 10 hrs ago
  10. Where it stands User funds are completely safe. 11 hrs ago
  11. New claim Binance customer funds are safe 11 hrs ago
  12. Story opened Binance pauses withdrawals amid hack investigation. 11 hrs ago

Two sides

The two media blocs whose accounts of this story differ most, side by side.

Where they part Europe foregrounds 'largest hack in history', Russia does not.

Russian state media

TASSState mediaRTState media

Russian state media centres Binance's actions and statements, using terms like 'security incident' and foregrounds the company's efforts to address the issue, such as covering losses and freezing assets, while also reporting on the estimated losses of $6.3 bln.

European media

BBCPublic broadcasterFrance 24Public broadcasterThe GuardianNon-profit

European media centres Binance's actions and words, foregrounding the 'largest hack in history' and a 'potential record crypto heist', and uses terms like 'security breach' to describe the incident, while also mentioning the impact on the price of bitcoin.

How it’s being told

One card per media bloc. Each summary is written only from that bloc’s own headlines and quotes.

Russian state media

TASSState mediaRTState media

Russian state media centres Binance's actions and statements, using terms like 'security incident' and foregrounds the company's efforts to address the issue, such as covering losses and freezing assets, while also reporting on the estimated losses of $6.3 bln.

European media

BBCPublic broadcasterFrance 24Public broadcasterThe GuardianNon-profit

European media centres Binance's actions and words, foregrounding the 'largest hack in history' and a 'potential record crypto heist', and uses terms like 'security breach' to describe the incident, while also mentioning the impact on the price of bitcoin.

Middle East state media

Al JazeeraState mediaTRT WorldState media

Middle East state media centres Binance's actions and words, using terms like 'potential security issue' and 'major hack', and it foregrounds the scale of the incident, including the amount of frozen funds and the impact on Bitcoin prices.

In their words

What the people at the centre of this story said, word for word, with the article each quote appeared in.

I don’t manage Binance (.com) anymore, but as a shareholder, I expect all user funds will be fully covered.

Changpeng ZhaoAl JazeeraReceipt

It does look like a hack on Binance

Changpeng ZhaoquoteAl JazeeraReceipt

Receipts

Every claim with the verbatim sentence it came from. Tap a claim to see its sources.

Confirmed 6

Reported by at least two independent outlets, or by the actor itself.

The hack may have involved an engineer's compromised laptop Confirmed by 2TASS, BBC · #
Binance security breach has $6.3 billion impact Confirmed by 2France 24, TASS · #
Binance suspended all deposits and withdrawals Confirmed by 2Al Jazeera, TASS · #
Over $1.5 billion was stolen from Bybit in February 2025 Confirmed by 2TRT World, BBC · #
  • “Some said it could be the biggest-ever cyberattack of its kind, with a haul exceeding the $1.5 billion stolen in February 2025 from the Bybit platform — an incident attributed to hackers affiliated with North Korea.”

    TRT WorldState mediaReportsCrypto platform Binance confirms major hack, freezes more than $2.5B

  • “Two analytics firms have attributed the incident, which eclipses a record-setting $1.5bn hack on the Bybit exchange in 2025, to a North Korean hacking unit called TraderTraitor”

    BBCPublic broadcasterReportsCrypto giant Binance hit by 'largest hack in history'

User funds are completely safe Confirmed by 5RT, TechCrunch, The Guardian, Al Jazeera · #
Binance has confirmed it is dealing with a security incident Confirmed by 4TechCrunch, The Guardian, Al Jazeera, TRT World · #

One source 37

Only one outlet so far. Shown, never hidden — treat with care.

Binance expects withdrawals to resume within 48 hours One source: TASSTASS · #
Global crypto exchanges liquidated over 158,000 traders' positions worth $923.54 mln in 24 hours One source: TASSTASS · #
The total capitalization of the cryptocurrency market amounted to $2.67 trillion One source: TASSTASS · #
Around $3 bln had been blocked directly on the blockchain One source: TASSTASS · #
No impact on user funds had been detected One source: TASSTASS · #
Binance froze $3 billion on-chain One source: TASSTASS · #
Binance is the world's biggest cryptocurrency trading platform One source: BBCBBC · #
Changpeng Zhao stated that the platform could have been hacked One source: TASSTASS · #
Binance specialists are conducting an active investigation One source: TASSTASS · #
The volume of frozen funds on the Binance exchange is about $3 billion One source: TASSTASS · #
Binance will cover all losses One source: TASSTASS · #
Binance engages with law enforcement One source: Al JazeeraAl Jazeera · #
Zhao: “I don’t manage Binance (.com) anymore, but as a shareholder, I expect all user funds will be fully covered” One source: Al JazeeraAl Jazeera · #
Zhao: “the exact words” One source: Al JazeeraAl Jazeera · #
Bitcoin price fell about 5 percent One source: Al JazeeraAl Jazeera · #
Binance has at least $2.54 bn in funds frozen One source: Al JazeeraAl Jazeera · #
The price of bitcoin dropped 3.2% Thursday afternoon One source: The GuardianThe Guardian · #
Circle froze more than $800m in currency associated with the incident One source: The GuardianThe Guardian · #
Tether froze more than $1.5bn in currency related to the incident One source: The GuardianThe Guardian · #
Binance had not confirmed that funds had been pilfered One source: The GuardianThe Guardian · #
The extent of damages was not known One source: The GuardianThe Guardian · #
Binance is investigating reports of a potential security issue One source: The GuardianThe Guardian · #
Changpeng Zhao says it looks like a hack on Binance One source: TRT WorldTRT World · #
Bitcoin prices fell more than three percent One source: TRT WorldTRT World · #
Circle froze more than $800 million in USDC One source: TRT WorldTRT World · #
Tether froze about $1.6 billion One source: TRT WorldTRT World · #
More than $2.5 billion has been frozen One source: TRT WorldTRT World · #
Binance has not confirmed a hack or disclosed financial losses One source: RTRT · #
Estimates of the outflows reached $2.77 billion across five blockchains One source: RTRT · #
Billions of dollars in digital assets were transferred from wallets linked to Binance One source: RTRT · #
Binance has launched an investigation into a possible cyberattack One source: RTRT · #
Hackers stole a record $1.4 billion in crypto from Bybit in 2025 One source: TechCrunchTechCrunch · #
Hackers stole around $2 million in user funds from Polymarket One source: TechCrunchTechCrunch · #
Tether froze about $1.56 billion related to Binance’s hack One source: TechCrunchTechCrunch · #
Circle froze about $800 million in Tether One source: TechCrunchTechCrunch · #
At least $2 billion has been drained from Binance’s hot wallets One source: TechCrunchTechCrunch · #
Binance temporarily suspended withdrawals on multiple networks One source: TechCrunchTechCrunch · #

Ask about this story

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Watch

News video from the outlets covering this story.

Binance reels from $6.3bn crypto hack | Reuters World News

Reuters ·

Binance freezes assets after $6.3 billion heist

Reuters ·

What we know about Binance's $6.3bn hack

BBC ·

Binance US$6.3b crypto heist likely linked to North Korea, says expert

CNA ·

Binance hit by US$6.3 billion security breach: What we know so far and what's next

CNA ·

Ghost edits

Changes outlets made to their articles after publishing, caught by re-reading them.

  • TRT WorldSubstantive edit

    BeforeTRT World - Crypto platform Binance confirms major hack, freezes more than $2.5B

    AfterTRT World - Crypto platform Binance confirms major hack, freezes assets worth around $3B

    Changed: $2.5B to $3B, $1.6B to $971M, $800M to $823M, added Yi He, $6.3B.

    RemovedCryptocurrency platform Binance has said that it had fallen victim to a major hack that had resulted in the freezing of more than $2.5 billion in an effort to prevent them from being stolen.The company — the world's largest crypto…

    AddedCryptocurrency exchange Binance is investigating a potential security breach after around $3 billion in digital assets were frozen in an effort to prevent them from being stolen, the company said on Thursday.The world’s largest crypto…

    Read the article as it stands now

  • BBCSubstantive edit

    BeforeCrypto giant Binance hit by 'largest hack in history'

    AfterCrypto giant Binance hit by hack suspected to be largest in history

    largest hack' changed to 'hack suspected to be largest

    RemovedBinance is the world's biggest cryptocurrency trading platform Cryptocurrency giant Binance said on Thursday that $6.3bn (£4.7bn) of digital assets have been impacted by what has been described as the "largest hack in history".

    AddedBinance is the world's biggest cryptocurrency trading platform Cryptocurrency giant Binance said on Thursday that $6.3bn (£4.7bn) of digital assets have been impacted by what could be the largest hack in history.

    Read the article as it stands now

  • Al JazeeraSubstantive edit

    BeforeBinance says $3bn in crypto funds frozen amid ‘potential security issue’

    AfterBinance says $6.3bn stolen in biggest crypto heist in history

    Amount changed from $3bn to $6.3bn, "frozen" to "stolen", and added names Changpeng Zhao, Foley, Ari Redbord.

    RemovedCryptocurrency exchange Binance has said at least $3 bn in funds have been frozen following a “potential security issue”.

    AddedCryptocurrency exchange Binance has said that about $6.3bn in funds have been stolen in a “security incident” that looks to be the biggest crypto heist in history.

    Read the article as it stands now

  • The GuardianSubstantive edit

    BeforeCrypto firms freeze more than $2.5bn in funds as Binance investigates potential hack

    AfterCrypto exchange Binance freezes billions in funds amid potential $6.3bn security breach

    Amount of frozen funds changed from $2.5bn to $6.3bn.

    RemovedWorld’s largest crypto exchange said it had not confirmed whether funds had been pilfered Binance, the world’s largest cryptocurrency exchange, said on Thursday it is investigating reports of a potential security issue as its founder said…

    AddedBreach may have started with a hacked laptop belonging to engineer, in incident analysts say could be of the most significant intrusions on record Binance, the world’s largest cryptocurrency exchange, has said it’s investigating reports…

    Read the article as it stands now

  • RTSubstantive edit

    HeadlineBinance probes possible multibillion-dollar crypto hack

    Changed: details on investigation, hack amounts ($388M, $285M, $292M), and actions taken (suspension, law enforcement involvement, $2.54B asset freeze).

    RemovedThe world’s largest cryptocurrency exchange, Binance, has launched an investigation into a possible cyberattack after billions of dollars in digital assets were reportedly transferred from wallets linked to the platform.

    AddedThe company stressed that customer funds were safe and said it would publish a detailed technical report once its investigation was complete.

    Read the article as it stands now

  • Al JazeeraSubstantive edit

    BeforeBinance says $2.54bn in crypto funds frozen amid ‘potential security issue’

    AfterBinance says $3bn in crypto funds frozen amid ‘potential security issue’

    Changed: $2.54bn to $3bn, added "all losses" coverage, and added hacking incident details.

    RemovedCryptocurrency exchange Binance has said at least $2.54 bn in funds have been frozen following a “potential security issue.” The world’s largest crypto exchange said on Thursday that it had suspended all deposits and withdrawals “as a…

    AddedCryptocurrency exchange Binance has said at least $3 bn in funds have been frozen following a “potential security issue”.

    Read the article as it stands now

All sources

10 reports from 8 outlets — with who owns each outlet and who pays for it.

RT State media

RussiaOwner: ANO TV-NovostiPaid by: Russian federal budget

TASS State media

RussiaOwner: TASS Russian News Agency (federal state unitary enterprise)Paid by: Russian federal budget + commercial news services

Al Jazeera State media

QatarOwner: Al Jazeera Media NetworkPaid by: funded by the State of Qatar

BBC Public broadcaster

United KingdomOwner: BBC — public corporation under Royal CharterPaid by: TV licence fee

France 24 Public broadcaster

FranceOwner: France Médias Monde (wholly owned by the French state)Paid by: French public funds (state allocation for public broadcasting)

TechCrunch Private

United StatesOwner: Regent, L.P. (acquired from Yahoo in 2025)Paid by: advertising + events

The Guardian Non-profit

United KingdomOwner: Guardian Media Group, owned by the Scott Trust LimitedPaid by: reader contributions + subscriptions + advertising; Scott Trust endowment

TRT World State media

TürkiyeOwner: Turkish Radio and Television Corporation (TRT)Paid by: Turkish state budget + advertising

Not covered yet by

Associated PressCGTNCNADWEuronewsFinancial TimesForeign PolicyFox NewsNPRReutersSky NewsSouth China Morning PostSputnikThe New York TimesThe Times of IndiaWION

Outlets we monitor that have not reported this story. Silence can be signal.

From the Faultline desk

Our analysis pieces on this story.

Read the AI explainer

6 confirmed · 37 one-source8 outletsUpdated