Numbers

The update came after the Arbitrum Security Council said it executed a transaction to freeze $30.5 million from the Binance exploit, involving 74.6 million Arbitrum (ARB) and 8,425 Ether (ETH). “The Security Council acted by weighing its commitment to the security and integrity of the Arbitrum community and Arbitrum governance without impacting any Arbitrum users or applications,” it said. “As of October 30, 2026 time, the funds have been successfully transferred to an intermediary frozen wallet,” it said.

At 00:08 UTC, it used those powers to force two transfers out of the attacker's wallet on Arbitrum, moving 8,426 ETH and 74.6 million ARB, about USD 30 million, out of the attacker's reach.

Ripple "promptly" froze roughly $200 million in associated funds, co-CEO Yi He [said]

Binance co-CEO Yi He said Ripple helped stop about USD 200 million from moving; TRM has confirmed the 40.5 million RLUSD freeze onchain.

Ripple froze the wallet holding the stolen RLUSD at 22:01 UTC, with 40.5 million of the 88.5 million RLUSD still inside.

Binance co-CEO Yi He said Ripple helped stop about USD 200 million from moving; TRM has confirmed the 40.5 million RLUSD freeze onchain.

08:00 | Verified frozen total reaches $2.84B, 44% of the theft.

Binance said the current verified amount of assets frozen from the hack is now $3 billion.

Tether, Circle, Ripple and World Liberty Financial froze about USD 2.67 billion in stablecoins, and Arbitrum's Security Council froze 8,426 ETH and 74.6 million ARB on its network, for a total of roughly USD 2.7 billion.

Binance said the verified total of assets frozen in connection with the hack had reached $2.54 billion, clarifying differing figures circulating publicly, including references to $1.8 billion.

23:35 | Binance states that the verified frozen total is $2.54B.

About $3B was frozen within hours, while most of the ETH and other native assets stayed with the attacker.

Between $2.7B and $2.84B was frozen within hours , almost all of it stablecoins that issuers such as Tether and Circle can block.

Between $2.7B and $2.84B was frozen within hours , almost all of it stablecoins that issuers such as Tether and Circle can block.

Elliptic has verified $2.85 billion of frozen or seized funds, 44% of the theft, almost all of it USDT and USDC. The attacker is swapping the rest into ETH and other assets that cannot be frozen, and moving funds between blockchains, using automated scripts that run around the clock.

Elliptic’s Robinson says that around $2.8 billion, or around 44 percent of the total amount stolen, has been frozen by crypto companies and exchanges so far, with almost all of this being stablecoins.

Approximately $2.8 billion has been frozen so far.

Worked with law enforcement, blockchain intelligence firms, asset issuers and industry partners to trace and freeze affected assets. Approximately $3 billion has been frozen on-chain to date.

We have worked with blockchain partners to freeze affected assets, with ~$3 billion frozen on-chain so far.

Binance has pledged to meet customer losses through its SAFU reserve and company resources, announcing more than $6.34bn of company funds separate from roughly $3bn of frozen assets.

Binance has said the attack began with a compromised employee laptop and involved multiple breach points. It found no evidence of private-key leakage and said roughly $3bn of affected assets had been frozen.

Elliptic has verified $2.85 billion of frozen or seized funds, 44% of the theft, almost all of it USDT and USDC. The attacker is swapping the rest into ETH and other assets that cannot be frozen, and moving funds between blockchains, using automated scripts that run around the clock.

Binance said it worked with blockchain partners to freeze roughly $3 billion in affected assets.

On Friday, the company said it had frozen around $3bn of stolen assets after working with law enforcement, intelligence firms and partners.

World Liberty Financial froze the 27.8 million USD1 in the main receiving wallet at 22:10 UTC, and froze USD1 in the compromised Binance hot wallet at 22:26 UTC.

World Liberty Financial has frozen $27 million in US-dollar-pegged stablecoin USD1 and $2 million worth of WLFI, according to Binance co-founder Yi He. “USD1 has taken proactive steps to freeze the $27 million in USD1 associated with the Binance hack,” said World Liberty Financial co-founder and CEO Zach Witkoff.

Circle froze the 823 million USDC in the main receiving wallet at 21:04 UTC, in coordination with law enforcement.

21:04 | Circle freezes 823M USDC.

Circle CEO Jeremy Allaire said the company had frozen more than $800 million in USDC in coordination with law enforcement and would continue supporting the investigation.

Tether froze 971.1 million USDT in the main receiving wallet at 21:01 UTC, 37 minutes after the main sweep. Later sweeps landed in the frozen wallet, which now holds 1.175 billion USDT.

21:01 | Tether freezes 971.1M USDT, 37 minutes after the Ethereum transaction.

The stolen USDT reached the attacker's main Ethereum wallet at 20:24 UTC. Tether froze that wallet 37 minutes later, locking 1.18 billion USDT in place, and then followed the funds, freezing four more attacker addresses within 17 minutes. Circle froze the 823 million USDC in the same wallet three minutes after that.

Stablecoin issuer Tether said it froze nearly $1.57 billion in assets linked to the incident, while Circle froze more than $800 million.

Tether CEO Paolo Ardoino said the company had frozen more than $1.567 billion in USDT linked to the potential exploit.

We have already set aside more than $6.34B in company funds, with $5B held in the exact impacted token assets that were stolen, such as USDC, USDT, BTC, ETH, BNB, etc. This means that we have already covered approximately 80% of the impacted amount.

Binance has said it will cover all losses using its SAFU fund and company funds, and that it has reserved more than $6.34 billion of company funds to do so. Around $5 billion of this is already held in the same tokens that were stolen, and Binance is buying the rest through the market and OTC trades. It plans to publish a full Proof of Reserves report by Monday.

Cryptocurrency exchange Binance is investigating a potential security breach involving up to $5.8 billion in digital assets

Binance has set aside more than $6.34 billion in company funds to cover losses from the hack, the exchange said. The company said $5 billion of those funds were already held in the same tokens affected by the attack.

Binance said it has set aside around $6.34 billion of company funds internally to cover the losses.

Binance said it has reserved over $6.34 billion in company funds to offset losses it suffered in a recent breach.

We have already set aside more than $6.34B in company funds, with $5B held in the exact impacted token assets that were stolen, such as USDC, USDT, BTC, ETH, BNB, etc. This means that we have already covered approximately 80% of the impacted amount.

Binance has pledged to meet customer losses through its SAFU reserve and company resources, announcing more than $6.34bn of company funds separate from roughly $3bn of frozen assets.

Binance has said it will cover all losses using its SAFU fund and company funds, and that it has reserved more than $6.34 billion of company funds to do so. Around $5 billion of this is already held in the same tokens that were stolen, and Binance is buying the rest through the market and OTC trades. It plans to publish a full Proof of Reserves report by Monday.

Binance has consistently pledged to cover 100% of the losses from what is suspected to be crypto's biggest hack on record and said it has set aside more than $6.34bn in company funds to do so.

Blockchain security firm Blockaid said its team had identified roughly $3.3 billion in suspicious transfers involving Binance-linked wallets across Ethereum, Arbitrum and Avalanche.

Chainalysis co-founder and CEO Jonathan Levin said the Binance hack was likely carried out by North Korean hacking group TraderTraitor , citing links to a previous hack. In a post on X, Levin put the theft at $6.4 billion, slightly above Binance’s estimated $6.3 billion impact.

Chainalysis said its current estimate of the amount stolen from Binance is $5.912 billion at the time of theft, four times the amount stolen from crypto exchange Bybit in 2025.

Around 4:20 p.m. ET on October 29, 2026, funds began leaving Binance hot wallets across multiple blockchains. Unauthorized transfers totaled approximately $6.4 billion, the largest theft in crypto history.

At around 2026-10-29 20:05 (UTC), our hot wallets were compromised, resulting in a loss of approximately $6.3B USD worth of token assets.

On October 29, 2026, an attacker moved approximately USD 6.36 billion out of Binance wallets on ten blockchains, most of it in about 20 minutes starting at 20:05 UTC.

According to Glassnode, Thursday’s Binance breach was the largest cryptocurrency hack on record, with around $6.3 billion affected, exceeding the combined losses from the next nine largest hacks. The previous record was the $1.5 billion Bybit exploit in February 2025.

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.

Elliptic's analysis shows that $6.43 billion in cryptoassets was stolen from Binance on October 29, 2026, more than four times the $1.46 billion stolen from Bybit in 2025.

The world's biggest cryptocurrency exchange reported Thursday that approximately $6.3 billion was impacted in an apparent hack.

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.

Blockchain analytics firms Chainalysis and TRM Labs put the total at around $6.4 billion, more than four times the previous record, February 2025’s $1.5 billion Bybit heist.

On October 29, about $6.43 billion was stolen from Binance across 11 blockchains.

Elliptic's analysis shows that $6.43 billion in cryptoassets was stolen from Binance on October 29, 2026, more than four times the $1.46 billion stolen from Bybit in 2025.

Blockchain analytics firm Chainalysis estimated that roughly $5.9 billion was stolen at the time of the theft.

The estimated total impact sits at around $6.3B.

"An attacker moved approximately USD 6.36 billion out of Binance wallets on ten blockchains, most of it in about 20 minutes," TRM said.

However, it should be noted that Arkham's $5.78 billion figure is the value of assets held across all tracked wallets, rather than a confirmed amount stolen from Binance.

Blockchain analytics platform Arkham Intelligence later identified a collection of wallets labeled “binance-hacker-1029” holding approximately $5.84 billion in digital assets. The figure represents the wallets’ reported holdings rather than a confirmed estimate of stolen funds.