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Binance hot wallet hack

Story timeline · 7 updates, 29 Oct to 30 Oct 2026

On-chain data showed abnormal outflows from a Binance hot wallet worth more than $2.5bn, with about $5.7bn stolen. Binance co-CEO He Yi said Ripple froze about $200m tied to the hack. Binance now says it is working with law enforcement and partners to trace and freeze more stolen assets.

Every update, oldest first

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

    He Yi said on X that Binance has noted reports of a potential security problem and is actively investigating, with its security team urgently reviewing the information. She said verified updates will come through official Binance channels and warned users against scams and unofficial links.

    AltcoinsOdailyAIBearish

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

    Binance co-CEO He Yi says the Ripple team quickly froze about $200m in funds tied to the Binance hack.

    AltcoinsCoinNessAIBearish

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

    Binance co-founder Yi He said Ripple froze about 200 million in related assets and World Liberty Financial froze $27m in USD1 and 48 million WLFI, worth about $2m. Binance has suspended withdrawals until conditions are confirmed safe, she said, adding that user funds are safe.

    AltcoinsPANewsAIBearish

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

    About $5.7bn in cryptocurrency was stolen in the overnight Binance hack, which if officially confirmed would be the largest crypto hack ever, surpassing the $1.5bn taken from Bybit last year and $625m from Ronin Network in 2022.

    AltcoinsCoinNessAIBearish

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

    A Binance hack has put DeFi on alert, with $5.5bn in stolen assets raising the risk of contagion.

    AltcoinsBloomingbitAIBearish

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

    Binance said it is working with law enforcement, asset issuers, blockchain intelligence firms and industry partners to trace and freeze more of the stolen assets, and expects the total frozen to rise.

    RegulationChainCatcherAIBearish

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

    Ripple stablecoin head Jack McDonald says Ripple is freezing affected RLUSD funds after reports of a possible attack on Binance in which the suspected attacker holds the token. Ripple says it is coordinating with relevant parties and is ready to assist the investigation.

    StablecoinsOdailyAIBearish

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.