Binance hack: $6.3 billion breach linked to wallet trick

Crypto.news reports that an investigation into the Binance hack revealed that a single Ethereum authorization out of 50 allowed a breach of a hot wallet. The exchange estimates that $6.3 billion was affected, with $3 billion currently frozen. This incident highlights vulnerabilities in wallet security protocols.

AI-assisted source briefing. Based on the crypto.news RSS report; not independently verified.

Source published: Fri, 30 Oct 2026 04:57:07 +0000