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Binance Reveals How Hackers Moved $6.34B After Breaching Its Wallet-Signing System

Sentiment: Neutral ⚖️
By Funded4Trading  ·  November 5, 2026  ·  1 min read  ·  1 views
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Binance Reveals How Hackers Moved $6.34B After Breaching Its Wallet-Signing System

Key Takeaways: Binance claimed that their $6.34 billion hack happened over a month-long attack campaign.

Hackers’ applications included fake job interviews, malware and using compromised internal AI tooling.

Around $2.85 billion in funds has been frozen, with 98% of affected tokens being topped up.

User Score8.7 Follow us on Google News Binance has released its first detailed account of the October 29th breach, revealing that attackers spent months building access before reaching the exchange’s wallet-signing infrastructure.

https://t.co/sU9dUqLQDH — Binance (@binance) November 3, 2026 Social engineering, endpoint compromise and the misuse of the Ethereum transaction authorization capabilities were all cited by the crypto exchange as causatives in the incident.

Read More: Binance $6.3B Hack Triggers FBI Probe While $3B in Stolen Crypto Gets Frozen Binance Hack Started Months Before the $6.34B Theft Binance says the hack started back in June, when a newly hired Wallet DevOps engineer downloaded a modified software package during the installation of an AI coding tool.

Binance noticed that incident and rotated credentials and replaced the device.

But the attacker had already learned information about how the engineer worked on wallet infrastructure and its other team members.

Walls was targeted again in September using a legitimate job-search website.

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