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Binance Hit by Historic Hack: $5.8 Billion Drained, Part of It Frozen

Cointribune·October 30, 2026·1 min read
Binance Hit by Historic Hack: $5.8 Billion Drained, Part of It Frozen

On October 29 at 8:32 pm, researcher Spreek detected an anomaly on Ethereum: a contract had emptied a Binance wallet of 167,464 ETH. Within hours, stablecoin issuers froze $2.54 billion, and Binance confirmed one of the biggest hacks in crypto history, with $5.8 billion drained.

Read at Cointribune
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