DECRYPT · 2026-10-30 09:32 UTC

Binance Finds 'Additional Points of Breach' in $6.3B Hack

Binance discovered additional breach points beyond the initially reported compromised DevOps engineer's laptop in Thursday's $6.3 billion security incident. CEO Richard Teng described a complex multi-step attack; about $3 billion in stolen assets have been frozen onchain, and Binance will cover all losses from its SAFU fund and company reserves. Stablecoin issuers Tether and Circle froze $1.8 billion in USDT and USDC; the attacker continues moving remaining unfrozen assets across multiple blockchains.

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