Cyberattack on Binance: losses may reach $5 billion

Published October 30, 202614 views

On October 30, 2026, news emerged about a possible cyberattack on the world's largest cryptocurrency exchange, Binance. Preliminary reports suggest that hackers may have stolen over $5 billion worth of assets.

Security Situation

Initially, representatives of Binance and its founder Changpeng Zhao stated that there was no evidence of any impact on user funds, assuring that they remained safe. However, according to The Block, citing experts, suspicious outflows from the exchange reached $5.8 billion.

Loss Estimates

Different sources provide varying estimates regarding the losses. According to WSJ, hackers managed to steal at least $1.7 billion, but experts believe that this amount could reach $5.5 billion or even more. This makes this cyberattack the largest in the history of cryptocurrency asset theft.

Previous Records

The previous record for the largest cryptocurrency asset theft was set in 2025 when hackers linked to North Korea stole around $1.5 billion from the cryptocurrency exchange Bybit.

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