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Binance hack drained wallets backing customer assets, reserve data shows

coindesk
coindesk|Oct 30, 2026 00:18
Binance’s own reserve data lists the drained wallets as backing customer balances, leaving its ether backing an estimated 6% short until the exchange replaces what was stolen.
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Oct 30, 01:54Investigating the theft of funds from Binance
Oct 30, 01:06Aave has frozen most markets across its network and will unfreeze them in stages.
Oct 30, 00:49The attacker's on-chain operations were crude and rehearsed beforehand.
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Oct 30, 00:29Binance suspected of being hacked
Oct 29, 23:51Ethereum contract security issues are too serious.
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Oct 29, 23:13Binance hackers are dumping cryptocurrencies.
Oct 29, 23:00The Binance hack is the largest theft case in the cryptocurrency industry.
Oct 29, 22:45$5.57 billion in assets flowed out of Binance-related wallets.

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