On October 29, 2026, $6.43 billion in cryptoassets were stolen from Binance, the world's largest cryptoasset exchange, according to Elliptic's analysis.
Elliptic said $6.43 billion in cryptoassets was stolen from Binance on 29 October 2026.
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Flagged as conflicting
- Binance puts the loss at about $6.3B. Elliptic counts $6.43B and says its total excludes a further $169 million that left after withdrawals were suspended. The sources do not say whether the gap comes from pricing time, chains counted or other scope. Compare with Binance said in its Security Incident Update #2 that at around 20:05 UTC on 2026-10-29 its hot wallets were compromised, resulting in a loss of approximately $6.3B USD worth of token assets. (Binance). Side by side
Other statements from the same source
Elliptic said the FBI has previously attributed the Bybit and DMM Bitcoin thefts to TraderTraitor.
The FBI has previously attributed the Bybit and DMM Bitcoin thefts to TraderTraitor.
Elliptic said the long preparation, the apparent targeting of staff and the use of Binance's own systems to sign transactions resemble earlier TraderTraitor thefts, including Bybit.
The long preparation, the apparent targeting of staff and the use of Binance's own systems to sign transactions resemble earlier TraderTraitor thefts, including Bybit.
Elliptic said it identified common service usage between those laundering the Binance funds and those behind three earlier thefts attributed to TraderTraitor, from BigONE, WOO X and AFX.
Elliptic has identified common service usage between those laundering the Binance funds and those behind three earlier thefts attributed to TraderTraitor, from BigONE, WOO X and AFX.
Elliptic said its total excludes a further $169 million that left Binance after withdrawals were suspended, which it described as appearing to be Binance moving its own funds.
Elliptic's total excludes a further $169 million that left Binance after withdrawals were suspended.
Elliptic said funds stolen from Binance and from the Bitget exploit have been combined in several wallets, and that the link was first reported by ZachXBT.
The two sets of funds have now been combined in several wallets, and the amount has grown overnight. The link was first reported by ZachXBT.