How Did the Binance Hack Happen? Detailed Investigation of the $6 Billion Heist
AI summary
An attacker drained roughly $6.15 billion from Binance over 31 minutes on October 29, 2026, according to transaction tracing by analytics firm BitOK across nine blockchains. Binance initially reported losses of $6.3 billion. The attacker did not obtain Binance's private keys, and the scale of the theft makes it one of the largest in crypto or internet history, a major blow to confidence in exchange security.
