The Binance hot wallets were reportedly drained through EIP-7702 delegations, which only the wallet's own key can sign, pointing to a private key compromise rather than a contract bug — Defimon Alerts
CZ says the Binance hack loss "might be a bit higher" than the roughly $1B left unfrozen after the stablecoin freezes, but says it will be covered — CZ on X
Binance now links its withdrawal halt to the hack rather than a technical error: withdrawals will resume only once "the security issue is fully resolved", while user funds "remain safe" — Binance on X
Market makers are counting Binance hack exposure: Wintermute's sits under 20% of net equity and GSR's under 5%, with both expecting no disruption to operations — Cointelegraph
The Binance hacker is reportedly converting loot into ETH, selling 96.94 WBTC ($7.6M) for 3,210 ETH while still holding $180M+ in altcoins, led by ENA ($39.5M), PEPE ($34.4M) and LINK ($28M) — ahboyashreads
The Binance hacker has piled about 253,000 ETH ($570M) into two wallets after swapping freezable stablecoins through Uniswap and Aave, while Kamino paused borrowing on its SOL/BTC market — Decrypt
Paxos froze 1,906.67 PAXG gold tokens that moved from Binance to the suspected attacker's address, joining Tether and Circle, and says PAXG, PYUSD and USDG reserves are intact — Paxos on X
Binance gave its first official figure for the hack: $2.54B in stolen assets is frozen so far, above the $1.8B cited earlier, and the total may still rise as tracing continues — Finbold
The Arbitrum Security Council executed an emergency transaction to freeze about $30.5M sitting in a Binance exploiter address on Arbitrum, adding to the stablecoin freezes already locking the hacker's loot — ZachXBT
Binance co-CEO Yi He says the exchange will cover all hacking losses, with deposits and withdrawals suspended while it freezes funds, works with law enforcement and prepares a full post-mortem — Yi He on X
The drained Binance wallets were listed in its own proof-of-reserves as backing customer balances, leaving the exchange's ether backing an estimated 6% short until it replaces the stolen funds — CoinDesk
Binance now puts the verified frozen amount from the hack at about $3B, up from the $2.54B it cited earlier, as tracing of the stolen funds continues — Cointelegraph
Binance says the roughly $6.3B hack began with a compromised DevOps engineer's laptop that let an attacker submit unauthorized withdrawals, with no private key leaked and ~$3B frozen — Binance
Binance postponed the spot listing of Predict (PREDICT), originally set for October 30 at 10:00 UTC, until further notice, as deposits and withdrawals stay halted after its hack — Binance
Unable to know the Binance 14 hot wallet's live nonce, the attacker packed 50 EIP-7702 authorizations into one transaction, and the single match delegated the wallet to a sweep contract — Blockaid
North Korea's Lazarus Group is likely behind the roughly $6.3B Binance hack, on-chain sleuths say, which would make it the regime's biggest crypto heist, topping its $1.5B Bybit attack — CoinDesk
Binance expects to begin resuming withdrawals within 48 hours after its roughly $6.3B hack, while deposits remain unaffected — Yi He on X
Stolen funds from the $6.3B Binance hack and the $388M Bitget hack landed at the same address via THORChain, tying both to the same DPRK-linked attacker TraderTraitor — ZachXBT on X
XRP Ledger developers are rolling out a set of fixes that tighten who can hold permissioned 'restricted' tokens on the network, with the XRP Ledger Foundation saying no users were affected — CoinDesk
Trezor says a Trezor Safe 5 bought from CryptoBilis, the Southeast Asian reseller behind the tampered Ledger devices, was reported with a similar hardware implant and urges buyers since March to move funds to a new seed — Trezor
Binance says its hack investigation has uncovered additional points of breach beyond the compromised laptop, with losses to be covered from SAFU and company funds and withdrawals due back in 45 hours — Binance