An Ethereum address linked to Binance's October 29 security breach received nearly 499 billion Shiba Inu (SHIB) tokens from Binance 14, then moved about 96 billion SHIB through decentralized exchange swaps. The incident, estimated to have impacted around $6.3 billion in assets, was traced to a compromised DevOps engineer's laptop, though Binance found no evidence of private key leaks. Approximately $3 billion worth of tokens were frozen on-chain, and Binance assured users their funds remain safe, covering losses with its SAFU fund and company resources. These SHIB transactions add clarity to the on-chain activity following the hack but do not change the total loss estimate.
Binance Coin (BNB) is trading at Rp12.710.448 with a 5.82% decline over the past day as of Oct 30, 2026 18:51 WIB on Pluang. This price movement occurs shortly after the Binance incident involving a large transfer of Shiba Inu tokens linked to the October 29 security breach. Despite the turmoil, Binance reassures users that funds are safe and losses are covered by its SAFU fund and company resources.
Aave froze 292 lending reserves across 16 blockchain networks after a major Binance security breach resulted in the theft of over 195,000 Ethereum (ETH) and millions in altcoins. The attacker exploited Binance hot wallets, moving stolen assets across...
Daniel Francis is a technical writer and educator specializing in Web3, macroeconomics, and decentralized finance (DeFi). Active in crypto since 2017, he uses on-chain analytics to produce evidence-based reports and guides. Holding certifications fro...
BNB fell more than 8%, dropping below $700 after Binance confirmed a security breach affecting $6.3 billion in assets. Binance froze $3 billion and paused withdrawals while promising to reimburse customers from its Secure Asset Fund. The incident rai...
Bitcoin fell below $77,000 following a massive $6.3 billion security breach at Binance, causing panic and $1.53 billion in leveraged crypto liquidations within 24 hours. The breach, linked to a compromised engineer's laptop, forced Binance to freeze ...
THORChain's RUNE token surged over 13% following confirmation of a $6.3 billion hack at Binance, as investigators revealed that stolen funds from this and previous hacks moved through THORChain. The protocol has been linked to moving stolen assets fr...
