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4 stories with this tag

A cryptocurrency transaction on a hardware wallet (file image)

Photo: A cryptocurrency transaction on a hardware wallet (file image)

Crypto & Markets

Binance reveals how its $6.3bn hack unfolded: a fake coding tool, a fake job interview and its own AI system

Binance has published its first account of the record $6.34bn theft from 29 October, describing a months-long campaign that began with a fake developer tool in June, a staged job interview in September, and the misuse of its own internal AI tools to reach its wallets.

Crypto & Markets · 4 Nov 2026, 2:51 pm

A person holding a physical Bitcoin coin

Photo: A person holding a physical Bitcoin coin

Business & Finance

Binance resumes withdrawals in phases after $6.3 billion hack, saying 95% of stolen assets are now covered

Binance has reopened withdrawals in phases on Sunday, starting with Bitcoin, after covering about 95% of the $6.3 billion stolen in its 29 October security breach, with users warned of possible delays as traffic surges.

Business & Finance · 1 Nov 2026, 2:52 pm

Cryptocurrency coins

Photo: Cryptocurrency coins

Business & Finance

Binance sets aside more than $6.34 billion to cover record hack losses as FBI joins recovery effort

Binance said on Friday it has reserved more than $6.34 billion in company funds to cover losses from the record $6.3 billion hack, with about $3 billion already frozen, as US law enforcement joined the effort to trace the stolen crypto. Figures checked at about 9:50 pm PKT on Friday, 30 October 2026.

Business & Finance · 30 Oct 2026, 9:53 pm

Binance hack explained: how about $6.3 billion was taken — and $3 billion frozen

Photo: Binance hack explained: how about $6.3 billion was taken — and $3 billion frozen

Business & Finance

Binance hack explained: how about $6.3 billion was taken — and $3 billion frozen

Binance, the world's largest crypto exchange, says about $6.3 billion was taken in a suspected hack on Thursday — likely the biggest crypto theft on record — while about $3 billion has already been frozen and user losses will be covered.

Business & Finance · 30 Oct 2026, 12:57 pm