Digital Currencies
$6.4 billion drained from Binance
Most of the $6.4 billion was drained from the world’s largest crypto exchange in about 20 minutes. The early account points to a compromised laptop and Binance’s own signing systems, not stolen private keys. Roughly $3 billion is frozen. The rest is moving.
Read on for a closer look at what actually happened, how it happened, whether the money can come back, and what this says about the security of even the largest exchanges.
Oct 2026 · 10 min read