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Binance empties hacked XRP wallet, securing last $101M after historic $6.3B crypto theft.

Market News
02 Nov 2026, 11:26 WIB
UToday
View Source
Bearish
Binance empties hacked XRP wallet, securing last $101M after historic $6.3B crypto theft.

Binance has transferred the final $101 million in XRP from its compromised hot wallet, effectively emptying it after a major hack on October 29 that resulted in a $6.3 billion loss across multiple blockchains. This move closes the vulnerable address and consolidates funds into new internal wallets to prevent further theft, as the XRP Ledger lacks a freezing mechanism. Binance has restored withdrawal operations and pledged to compensate all user losses fully from corporate reserves and its SAFU fund, minimizing ongoing risks from the breach.

Following the final transfer of $101 million in XRP from Binance's hacked wallet, XRP shows a modest 0.11% gain on Pluang as of Nov 02, 2026 16:41 WIB. Binance Coin (BNB) trades at Rp12.867.087 with a slight 0.37% decline on the same platform and time. XRP's market cap on Pluang stands at Rp1.437,26T, indicating continued investor interest despite the recent security breach.

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