The Binance hack: how $6.3 billion left an exchange

Unable to add items

Sorry, we're unable to add the item because your cart is already full.

Add to basket failed.

Please try again later

Add to wishlist failed.

Please try again later

Failed to remove from Wish List.

Please try again later

Adding to library failed

Please try again

Unable to follow podcast

Unable to unfollow podcast

The Binance hack: how $6.3 billion left an exchange

Listen for free

View show details

Season's Savings | 0.99 €/month for 3 months

5.99 €/month thereafter - terms apply. Cancel monthly.

Binance, the world's largest crypto exchange, says about 6.3 billion dollars was taken from its wallets on 29 October, most of it in about twenty minutes. We explain how hot wallets and signing keys work, why the theft happened, and why only some of the money could be frozen. Sources: TRM Labs blog (30 Oct 2026); Al Jazeera (30 Oct 2026); RTE (30 Oct 2026). These are secondary reports: Binance has not published a root cause, attribution to North Korea is an assessment by analysts, and withdrawal status may have changed. Explanation only, not investment advice. Narrated by an AI-generated version of Mittal Shah's voice.

No reviews yet