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Changpeng Zhao says AI will make systems safer by exposing flaws

NewsFeeds update

Speaking at the Oxford Union, Binance founder Changpeng Zhao said a recent hack was preventable and that attackers spent about five to six months combining social engineering, interview phishing and AI to find weaknesses. He said AI will make systems safer in the long run and called for industry collaboration with AI labs, law enforcement and security experts.

AIPANewsAIBearish

Read the original on PANews

The story so far: South Korea FSC response to Binance hack

After a $6.3bn theft at Binance on 29 October, which the FBI attributed to North Korean hackers, CZ backed a crypto security alliance to share audits and coordinate asset freezes. The US State Department now urges joint government action and full UN sanctions enforcement on Pyongyang. Blockaid researchers said…

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. Binance says it blocked North Korea-linked attacks over past week

  2. Tree News says signs emerge of possible theft from Binance hot wallet

  3. Binance hot wallet suspected of losing more than $2.5bn in assets

  4. Binance ethereum hot wallet suspected of large abnormal outflow of about $2.53bn

  5. Tether freezes $971m in USDT in suspected Binance hack

  6. Circle freezes $823m in USDC amid suspected Binance hack

  7. He Yi says Binance investigating reports of potential security issue

  8. CZ says Binance user funds are safe as about $1.79bn in stablecoins is frozen

  9. Tether has frozen more than 1.567bn USDT

  10. Arkham links suspected Binance hacker to 50 wallets holding $5.61bn

  11. Binance says technical error is blocking some withdrawals

  12. Aave freezes lending market linked to stolen crypto tied to Binance

  13. Binance co-CEO He Yi says Ripple froze $200m tied to hack

  14. Address linked to suspected Binance hack borrows 19,762 ETH from Aave

  15. Attackers allegedly used EIP-7702 delegation to redirect Binance wallet to malicious code

  16. Yi He says Ripple and WLFI helped freeze assets as Binance halts withdrawals

  17. Binance said to still sweep new user deposits into compromised hot wallet

  18. Cointelegraph says Binance and Polymarket hacked on same day

  19. Address linked to suspected Binance breach sells about 4.7m UNI for ETH

  20. Elon Musk says 'Everyday is Zeroday' on Binance hack

  21. Binance hack of about $5.7bn may be largest crypto theft on record

  22. Aave freezes DAO-run V3 and V4 markets after Binance wallet reports

  23. Lookonchain says Binance hacker is selling PEPE, UNI and LINK for ETH

  24. Aave says it will keep monitoring and unfreeze DAO markets soon

  25. Binance reportedly recovers $823m in USDC after wallet exploit

  26. Zhao Changpeng says Binance loss may be slightly above $1bn and it will cover it

  27. Upbit warns users over Binance withdrawals and may restrict them

  28. Paxos freezes $7.66m in PAXG linked to suspected Binance hack

  29. Binance hot wallets keep sending funds, with over $6.26bn moved

  30. Bybit CEO Ben Zhou says platform unaffected and offers support to Binance

  31. Navi Protocol says user funds are safe after Binance incident

  32. Wintermute's Evgeny Gaevoy says under 20% of net assets exposed to Binance

  33. Binance hack puts DeFi on alert as $5.5bn in stolen assets raises contagion risk

  34. Binance moves funds from at-risk wallets to cold storage after major hack

  35. OKX founder Star calls for industry-wide real-time security and freezing system

  36. Crypto.com CEO says platform unaffected by Binance attack

  37. Ethena says collateral held off-exchange amid Binance security reports

  38. Developer 0xjustadev warned of EIP-7702 theft risk two years ago, X user says

  39. Developer Justin Kalland says Binance hacker may have slipped up over MetaMask gas use

  40. Binance says it is working to trace and freeze more stolen assets

  41. Ripple says it is freezing RLUSD tied to suspected Binance attack

  42. Arbitrum Security Council freezes about $30.5m linked to Binance exploit

  43. Drained Binance wallet was a proof-of-reserves wallet, ETH ratio may fall to 94%

  44. Hacker sells 7.77tn PEPE from Binance hot wallet for ETH, Ai Yi says

  45. Blockaid CEO Ido Ben-Natan says Binance hack may have abused signing system

  46. Shenyu says Binance attackers moved about $5.8bn in three minutes

  47. Specter says Arbitrum froze $30.5m in ARB and Paxos $215,700 in USDP

  48. Bonk Guy says Binance hack unlikely to trigger systemic risk

  49. SlowMist's Cos says Binance hacker used EIP-7702 to sweep hot-wallet tokens

  50. Binance 14 hot wallet revokes EIP-7702 authorisation after alleged hack

  51. Ai Yi links Binance hot wallet hacker to Kelp DAO attacker

  52. Arkham says it has verified 70 addresses linked to Binance hacker

  53. Arkham says address tagged as Kelp DAO hacker is Arbitrum council custody address

  54. Arbitrageur made about $3.47m in two hours during Binance attack, user says

  55. Benson Sun says stolen Binance Bitcoin faces limited near-term selling pressure

  56. Binance attacker sells UNI, ENA and five other tokens for 70,480 ETH

  57. Aave freezes most markets after Binance hot wallet attack, plans phased unfreeze

  58. ZachXBT says Binance hack believed to be work of North Korea's Lazarus Group

  59. Chainalysis puts Binance hack loss at about $5.91bn

  60. Derek Chiang says EIP-7702 has no flaw but aided Binance attacker

  61. Coinbase's Brian Armstrong says he has offered Binance help after hack

  62. Yi He says Binance is running security scans to protect user funds

  63. Binance says it will cover all losses from the incident and pauses deposits and withdrawals

  64. SlowMist CISO says Binance theft probe should focus on private-key leak and custom withdrawal tools

  65. Hackers linked to Binance attack move over $1bn in ETH to new wallets

  66. OKX CEO Star urges exchanges to cooperate on security

  67. Binance hacker starts selling STRK, Onchain Lens says

  68. Seven research says Binance hack may hit market makers and quant firms, rattling SOL and altcoins

  69. Binance.US CEO Steve Gregory says user funds are fully independent of Binance hack

  70. Bitwise CEO says client assets are safe amid Binance situation

  71. Binance says incident may involve compromised engineer laptop, losses about $6.3bn

  72. Bonk Guy says Binance hack echoes 10.11 and warns of a second leg down

  73. USDT0 restores USDT transfers between Ethereum and Tron

  74. CZ says Binance user funds are safe after security incident

  75. The Sandbox says SAND in users' own wallets unaffected by Binance incident

  76. Binance says SAFU fund and company money will cover all losses

  77. First Digital's Vincent Chok says FDUSD stolen in Binance attack is frozen

  78. Altcoins fall harder than BNB after Binance security incident

  79. Lagrange Foundation freezes LA tokens tied to Binance security incident

  80. He Yi says Binance deposits running normally and withdrawals due back within 48 hours

  81. SlowMist's Yu Xian links Binance hacker funds to Phemex breach wallets

  82. Ethena says USDe remains overcollateralised by more than $60m

  83. 1inch says Binance exploit addresses blocked, some stolen 1INCH cannot be frozen

  84. Binance hacker moves $38.8m in ETH to new wallet, still holds $1.12bn

  85. Binance hacker moves 18,270 BTC into 19 wallets

  86. Binance says no private key leak found yet after attack

  87. Binance says hacked staff computer was the starting point of attack

  88. Bobby Lee says stolen Binance Bitcoin is all but unrecoverable

  89. Musk replies with grimace emoji to post questioning Binance's loss-coverage pledge

  90. Geoffrey Kendrick says Binance hack may speed DEX adoption and favour UNI

  91. Zest Protocol pauses new borrowing after Binance incident

  92. Trader dimethyltryptamine.eth buys 45.08bn PEPE after Binance hacker sell-off

  93. Circle shares fall 5.1% premarket after freezing over $800m tied to Binance theft

  94. Pundi X Labs says 3.75m PUNDIX frozen in Binance hacker wallets

  95. Binance says about $3bn in affected assets frozen, withdrawals seen back within 45 hours

  96. Changpeng Zhao tells Musk Binance hack is no joke and asks for support

  97. Changpeng Zhao says Binance's SPCX shares are now worth over $1bn

  98. LlamaRisk proposes cutting Aave borrow caps after Binance hot wallet incident

  99. He Yi says $60m USDT Aave collateral not fully frozen as hacker took about $46m in ETH

  100. LlamaRisk proposes cutting Aave V3 and V4 caps, removing about $3.8bn of unused credit

  101. Binance earmarks $6.34bn to cover tokens after hot wallet breach

  102. Chainalysis says Binance theft funds show automated laundering pattern

  103. Synthetix says 8.4m SNX recovered from Binance hack

  104. Binance's He Yi says exchange is buying altcoins matching stolen assets for proof of reserves

  105. Bitcoin and ether options turn more bearish after alleged $6.3bn Binance hack

  106. CZ says Bitcoin showed surprising resilience as traditional markets fell further

  107. Nicolas Quatravaux says institutions bought $74,000-$78,000 Bitcoin puts after Binance hack

  108. Changpeng Zhao says token recovery appears to have begun

  109. Haseeb Qureshi says Binance hack response shows crypto has matured

  110. BNB Chain says its networks and bridge were unaffected by Binance security incident

  111. Newton Foundation says $3.5m in tokens locked in NEWT contract after suspected error

  112. Binance attacker's Bitcoin holdings of about $1.4bn exceed Coinbase's own treasury

  113. PancakeSwap says it was unaffected by Binance security incident

  114. Aave unfreezes V3 and V4 markets after Binance incident

  115. Aave lifts precautionary market freezes after Binance security incident

  116. FBI says it is assessing scope of Binance hack with partners

  117. Binance says stolen funds came from its own hot wallet as client money stayed in cold storage

  118. Binance's Richard Teng says withdrawals targeted to resume by 1 November

  119. Binance CEO says full proof-of-reserves report due 2 Nov and pledges hack compensation

  120. Bonk Guy says altcoins are holding up better than Bitcoin as selling pressure eases

  121. US Secret Service says it is working with Circle and others to trace Binance stolen funds

  122. Allora freezes ALLO stolen in Binance incident and returns it in full

  123. Gate CEO Lin Han calls for crypto security alliance and 48-hour withdrawal delay

  124. Trump says US investigating Binance hack, unsure on North Korea link

  125. Binance says it aims to resume withdrawals in stages within about 34 hours

  126. Caixin says Binance hack may open opportunity for DEXs

  127. Binance says investigation found further intrusion points in systems and hacked laptop

  128. Yi He says Binance publishes trading, fee and BNB burn data

  129. Axel Adler Jr. says Bitcoin is testing short-term holders' cost basis

  130. Address tagged as Binance hacker moves 120m TRX worth over $38m

  131. Coinbase and peers tighten security after Binance theft, Coinbase's Lunglhofer says

  132. Bitwise's Matt Hougan says Binance hack will not affect Bitcoin's price

  133. Researchers say AI agents are speeding up cyberattacks as Binance puts incident impact at $6.3bn

  134. SlowMist's Yu Xian says Lido seven-day APR rose to 4.2% after Binance hack

  135. Binance says it has restored 90% of assets lost in $6.34bn hack

  136. Binance SAFU fund address moves 7,500 BTC

  137. Hacker pays about $119m 'panic tax' swapping stolen funds

  138. Chainalysis says Ethereum reorg caused THORChain pause that slowed Binance fund laundering

  139. He Yi says Binance will use 50% of SAFU fund to cover losses

  140. FBI says North Korea behind theft of over $6bn in Binance crypto assets

  141. Trump says US would talk to North Korea if it is behind Binance hack

  142. THORChain co-founder Chad Barraford says THORNode data is publicly available after FBI request

  143. Binance says it has covered $6bn of hack losses

  144. Yi He says Binance's emergency team works round the clock after hack reports

  145. Binance plans to restore first-phase withdrawals from 14:00 to 09:00 UTC on 1 Nov

  146. Binance hacker sells $5m of PROM for $71, Lookonchain says

  147. Binance to resume withdrawals in phases after security issue

  148. Binance to resume first-phase withdrawals between 14:00 and 17:00 on 1 November

  149. Zhao Changpeng says US agencies helped track and freeze stolen Binance funds

  150. Binance says Bitcoin network is first restored for withdrawals after security incident

  151. Binance says withdrawals on 15 networks will resume in phases, starting with Bitcoin

  152. Binance updates proof-of-reserves address list, moves withdrawals to new wallets

  153. Binance attacker sells over 130 altcoins on EVM chains, Lookonchain says

  154. He Yi says Binance withdrawals are running smoothly for now

  155. Binance restores some withdrawals on Ethereum and BNB Smart Chain

  156. Binance says it has recovered 95% of assets stolen in hack

  157. Yi He says Binance is working with US firms and law enforcement to recover stolen assets

  158. Address tagged as Binance hacker moves 485,270 SOL worth about $46.2m

  159. Binance restores withdrawals on DOGE and Optimism networks

  160. Symbiosis says it spotted attempt to move Binance hack funds through its protocol

  161. Binance restores POL, USDT and USDC withdrawals on Polygon

  162. Binance says withdrawal levels stabilising at normal, expected on-chain activity

  163. SomaXBT says Binance attacker laundered about $242m via Tron in two days

  164. Binance processes $4.65bn of withdrawals after resuming service following $6.3bn hack

  165. South Korea's FSC calls emergency meeting with crypto exchanges after Binance hack

  166. Fu Sheng says Binance hack shows AI-era security weakness

  167. Suspected Binance hacker deposits $250,000 to Gate over 12 hours

  168. Gate says it has identified and frozen two accounts tied to Binance hacker

  169. Yi Lihua says Binance profit can cover hack losses

  170. Address linked to Binance attacker moves 40m XRP

  171. RUNE falls 20% as hackers are said to have routed Binance hack funds through Thorchain

  172. China's Mao Ning says she has no information on Binance attack or Trump's North Korea remarks

  173. Binance Bitcoin wallet balance falls for fourth day, down over 23,000 BTC since hack

  174. Arkham says Binance hacker moved $4m to three Binance deposit addresses

  175. Elliptic says Binance hacker laundered first funds, $2.2m in BTC, via CoinJoin

  176. Elliptic says about $3.24bn of stolen Binance assets remains in linked addresses

  177. Elliptic says no evidence North Korean hackers used AI in Binance theft

  178. Axel Adler Jr says Bitcoin fell again in October but market reaction stayed restrained

  179. Binance generates ZK proof for 31 Oct reserve snapshot as replenishment reaches 95%

  180. Suspected North Korean hackers make errors moving Binance stolen funds

  181. Darkfost says Lazarus crypto thefts total $11.9bn, 45% of North Korea's GDP

  182. SomaXBT says Arkham mislabelled Thorchain vault as Binance hacker

  183. Binance warns of scammers as withdrawals resume in stages

  184. Binance raises rebates for tier-2 and tier-3 market makers for a week

  185. CZ says Binance absorbed over $6bn hack loss from its own balance sheet

  186. Tether freezes over $1.5bn in USDT linked to Binance hack

  187. Dolomite keeps new Ethereum borrowing paused after Binance hack

  188. Binance sees $14.1bn weekly net outflows after hack as OKX gains $499m

  189. Binance sees $15.4bn net outflows over seven days, still holds $124bn

  190. Kim Yo Jong calls Binance incident a US political provocation, says Pyongyang is watching

  191. Wintermute says Bitcoin's next key support is $76,800

  192. Onchain Lens says Binance saw over $7bn of net outflows in 48 hours

  193. Star Xu says OKX tightened security after Binance hack

  194. OKX's Star says security is the exchange's first lifeline

  195. Murphy says Binance BTC balance fell 21,064 since withdrawals resumed

  196. South Korea's FSC reviews crypto exchange security after Binance hack

  197. Binance says more asset withdrawals resume from 04:00 UTC

  198. Binance says it will resume withdrawals in phases across several networks

  199. CFTC chair Michael Selig says Binance hack shows need for offshore exchange rules

  200. Binance uses about half of SAFU Bitcoin reserves with no refill timeline

  201. Lee Jae Myung calls for cross-government cybersecurity body after crypto thefts

  202. Bitcoin slides toward $76,000 after alleged $6.3bn Binance hack

  203. Binance sees about $1.6bn net inflows over 24 hours, DefiLlama data show

  204. Hyperliquid community account says DEXs may gain after Binance theft

  205. Binance lacks cyber insurance for $6.3bn theft, Bloomberg Law says

  206. Zhao Changpeng says crypto security incidents may keep recurring and seeks US government help

  207. CZ says Binance's swift response to attack kept user trust firm

  208. CZ says withdrawals may persist after Binance attack but some funds are returning

  209. CZ says crypto industry discussing security alliance and wants US government help on hacks

  210. Zhao Changpeng says Binance and crypto industry underinvest in security

  211. South Korea's FSC weighs raising exchange cold wallet custody to about 99%

  212. Binance says hackers used fake job interviews to breach staff and steal crypto

  213. He Yi says Binance blocked 57 suspected North Korea-linked attacks in 2026

  214. Binance to boost AI security detection after wallet hijacking

  215. Binance hacker begins mixing stolen funds, about $800,000 mixed so far

  216. Yang Haipo says Binance breach exposed three avoidable failures

  217. Kim Yo Jong says Binance hack is extension of US hostile policy

  218. SlowMist's Cos says Binance theft was an APT attack, not just an engineer's error

  219. Binance hacker continues converting SOL to Bitcoin, Lookonchain says

  220. CZ says large-scale hack points to serious security flaw and urges transparency

  221. Zhao Changpeng says hostile posts during Binance incident were 'another attack on Binance'

  222. He Yi says stoking hostility after Binance breach erodes industry confidence

  223. Yi He says Binance bars personal use of work computers to deter hackers

  224. Binance SAFU's 7,500 Bitcoin, worth about $572m, moved to unmarked wallet

  225. Yi He says Binance accepts all criticism and has rebuilt security permissions

  226. TraderTraitor hackers resume laundering Binance funds via THORChain, lifting RUNE

  227. Coinbase says over 99% of customer assets held in cold wallets

  228. Binance says 98% of stolen assets backfilled as reserves snapshot covers 44 tokens

  229. Changpeng Zhao says AI will make systems safer by exposing flaws

  230. Binance says more asset withdrawals to open in stages from 5 November

  231. Binance says withdrawals to resume on ETH, BSC, Base, TRX and other networks

  232. CZ says AI speeds up cyberattacks faster than banks can strengthen defences

  233. South Korea says no sanctions talks yet over North Korea's alleged Binance theft

  234. Binance hack prompts crypto industry to weigh Wall Street-style controls

  235. Fed and OCC ask US banks about cyber risks after Binance hack

  236. Binance asks Arbitrum governance to return frozen ETH and ARB

  237. Fed and OCC ask banks about impact of Binance attack affecting $6.34bn in assets

  238. Singapore's MAS says public should not deal with unregulated firms after Binance incident

  239. Binance says it will reopen withdrawals for more assets from 04:00 UTC on 6 November

  240. Binance says more asset withdrawals will resume in batches from 6 Nov

  241. Binance hacker reportedly stole $2.5bn in one transaction for about $15 in fees

  242. Binance says latest proof of reserves shows user assets backed 1:1

  243. Binance plans to restore withdrawals for HYPE and five other assets by next weekend

  244. Elliptic says address linked to Binance hack swaps $50m of XRP for Bitcoin

  245. TRM Labs calls $6.3bn Binance hack cyber warfare and warns North Korean attacks will continue

  246. Tom Robinson says Binance hacker swapped $175m in stolen altcoins for about 2,300 Bitcoin

  247. US State Department urges joint action on North Korean cyber threats after Binance hack

  248. Blockaid says EIP-7702 was key to $6.3bn Binance hot wallet theft

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Every AI update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.