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All claims

The page states that at Binance's estimate, the theft was $6.3B, making it the largest on record and more than four times the $1.5B taken from Bybit in February 2025.

This line is our short summary of the quote below. The quote is the evidence.

ReportedamountClaim 88

Attacks on signing infrastructure, where an attacker makes an organization’s own keys sign for them, remain the largest source of losses onchain, and at Binance’s estimate of $6.3B this is the largest theft on record, more than four times the roughly $1.5B taken from Bybit in February 2025.

Speaker
Not recorded
Publisher
blockaid.io (Other)
Original
Binance $5.5B Hack: Blockaid Detects the Biggest Theft in Crypto History
Captured
Archived copy
sha256 50a4d7072873
Event time
Published

Reviewer note: Event time is a date only. The 00:00 UTC time shown is a placeholder, the source gives no time of day. Blockaid relays Binance's estimate; the 'largest theft on record' wording is Blockaid's.

Figures from this claim

Other claims from the same source

ReportedotherClaim 330

Blockaid, which sells a product called Cosigner that rejects malicious transactions before signing, wrote its analysis of the Binance incident.

Blockaid Cosigner is an independent signing layer that sits on a wallet and utilizes signals from our exploit detection engine to reject malicious transactions.

Speaker
Not recorded
Publisher
blockaid.io (Other)
Original
Binance $5.5B Hack: Blockaid Detects the Biggest Theft in Crypto History
Captured
Archived copy
sha256 50a4d7072873
Published
Reportedroot causeClaim 329

Blockaid said its transaction security engine classified the delegation transaction as malicious because an EOA was being upgraded through EIP-7702 to an untrusted address.

Blockaid's transaction security engine classified the type-4 transaction that delegated Binance 14 as malicious on sight, with the reason that an EOA was being upgraded through EIP-7702 to an untrusted address.

Speaker
Not recorded
Publisher
blockaid.io (Other)
Original
Binance $5.5B Hack: Blockaid Detects the Biggest Theft in Crypto History
Captured
Archived copy
sha256 50a4d7072873
Published
ReportedresponseClaim 328

Blockaid said its detection flagged the drain under two minutes after the sweep and before any public report.

Blockaid’s detection flagged the drain under two minutes after the sweep and before any public report

Speaker
Not recorded
Publisher
blockaid.io (Other)
Original
Binance $5.5B Hack: Blockaid Detects the Biggest Theft in Crypto History
Captured
Archived copy
sha256 50a4d7072873
Published
Reportedroot causeClaim 327

Blockaid said the EIP-7702 delegation was visible on-chain for three minutes and 24 seconds before the sweep.

The delegation itself was visible onchain for three minutes and 24 seconds before the sweep

Speaker
Not recorded
Publisher
blockaid.io (Other)
Original
Binance $5.5B Hack: Blockaid Detects the Biggest Theft in Crypto History
Captured
Archived copy
sha256 50a4d7072873
Published
Reportedroot causeClaim 105

Blockaid said the operator address 0x7C8601d4645b93cea45F71e118A729332e6B5CA0 was funded through three Tornado Cash withdrawals starting October 28.

The operator address, 0x7C8601d4645b93cea45F71e118A729332e6B5CA0 , was funded through three Tornado Cash withdrawals starting October 28.

Speaker
Not recorded
Publisher
blockaid.io (Other)
Original
Binance $5.5B Hack: Blockaid Detects the Biggest Theft in Crypto History
Captured
Archived copy
sha256 50a4d7072873
Published