As it happened: Binance’s record $6.3B crypto hack
How Binance’s $6.3 billion hack unfolded, from the first onchain alerts to $3 billion in frozen funds and a widening security investigation.
How Binance’s $6.3 billion hack unfolded, from the first onchain alerts to $3 billion in frozen funds and a widening security investigation.
Live coverage has ended. The updates below document Cointelegraph’s reporting on the record $6.3 billion Binance hack as events unfolded.
Binance is aiming to resume withdrawals within 40 hours and publish a full proof-of-reserves report by Monday, co-CEO Richard Teng said.
In a post on X, Levin put the theft at $6.4 billion, slightly above Binance’s estimated $6.3 billion impact. He said industry partners had frozen approximately $3 billion and Chainalysis was continuing to track the funds.