Binance Hit by $6.3B Hack: If the Largest Exchange Can Be Breached, No Company Is Immune
If the world's largest crypto exchange can be breached, no company is immune. Attackers are using modern, sophisticated methods, chaining a compromised laptop, cloud access and newer blockchain features, and the biggest theft on record shows that even top crypto companies with large security teams can be hit. At around 4:20 PM ET on October 29, 2026, attackers drained about $6.3 billion from Binance hot wallets across multiple chains, according to Binance . Chainalysis puts the figure at about $6.4 billion. It is the largest crypto theft on record. How the attackers got in Binance's initial finding was that a DevOps engineer's laptop had been compromised, giving the attackers access to a service container. The exchange says it has found no evidence that private keys were leaked. The picture has since widened. As CoinDesk reports, co-CEO Richard Teng said investigators found additional breach points, a self-destruct mechanism used to erase evidence, and abuse of Ether...