Independent record. Not associated with, endorsed by or operated by Binance. This site is read-only: there is nothing to sign in to, pay for or connect.

The Binance Hack

An independent record of the October 2026 Binance hack

All briefings

Briefing for 2026-11-10

Generated . Each line is a statement somebody made, not a finding of this site.

  1. Reportedclaim Elliptic found that North Korea's launderers are creating home-made meme coins and swapping stolen Binance funds through decentralized-exchange liquidity pools so no funds move directly between thief and recipient wallets.

    Decrypt. Original

  2. Reportedclaim Decrypt reported that each token cost about 25 Near tokens, roughly $90, to create, and that all six followed the same arc: launched, traded heavily within hours using stolen NEAR, then abandoned, with the leftover liquidity pulled on Nov. 8.

    Decrypt. Original

  3. Reportedclaim Elliptic stressed that the meme-coin trick does not hide the money, the trail remains fully traceable onchain, and the maneuver only slows investigators down, buying time in a race to move funds before they get flagged.

    Decrypt. Original

  4. Reportedclaim Cointelegraph reported, according to a report from Elliptic, that North Korean hackers created memecoins to launder cryptocurrency stolen in the $6.4 billion Binance hack, routing roughly $430,000 through six newly launched tokens on the NEAR blockchain.

    Cointelegraph. Original

  5. Reportedclaim Elliptic reported that at the time of its analysis, about 11.8 million NEAR stolen in the Binance hack remained unmoved, which the firm valued at $43.7 million.

    Cointelegraph. Original