News linked to this event type.
DefiLlama founder 0xngmi estimates that Binance's actual losses after USDT and USDC were frozen total approximately $1 billion; CZ responded that the losses may be slightly higher but will be fully covered. Around $27 million in related funds for USDT have also been frozen.
According to Lookonchain, the assets involved in the suspected Binance hack exceed $5.8 billion, with approximately 1.58 billion USDT and 823 million USDC (totaling roughly $2.41 billion) already frozen.
According to Whale Alert, an address tagged as "Binance Hack 2026" transferred approximately 217 million ENA (worth around $40.38 million) to an unknown wallet at 06:03 Beijing Time.
Odaily reports: According to monitoring by Bitcoin News, the attacker allegedly exploited users' still-active sessions to directly sell users' positions and withdraw funds through the Polymarket system. The attack reportedly originated from the compromise of a DebugBear website performance monitoring script, which was replaced with malicious code that users' browsers treated as trusted code. Polymarket resumed trading after about an hour and said it would compensate affected users. The incident has been referred to UK law enforcement.
Blockaid stated that the attacker batch-submitted 50 EIP-7702 authorizations in a single transaction to hit Binance's hot wallet real-time nonce; only one succeeded, after which the wallet was subsequently upgraded to a receiving contract. The associated address also transferred out approximately $37.48 million worth of PEPE.
According to monitoring by Bitcoin News, a Bitcoin address labeled as a hot wallet in Binance's own transparency disclosures reportedly had approximately 17,500 BTC transferred out. The transfer occurred amid reports of a major security incident involving a Binance-linked Ethereum wallet. It is currently unclear whether this Bitcoin transfer was unauthorized or a movement made for security reasons.
According to Whale Alert, within approximately 40 minutes of the suspected Binance hack, around $2.37 billion in USDT and USDC was frozen; addresses tagged as "Binance Hack 2026" additionally transferred out approximately 7.019 million UNI.
According to Whale Alert, at 05:41 Beijing Time, the address tagged "Binance Hack 2026" transferred 57,891 ETH (approximately $133 million) to a new wallet.
Odaily reports: According to Bitcoin News monitoring, on-chain analysis shows that attackers appear to have exploited the Ethereum EIP-7702 mechanism to obtain signature authorization, installing malicious code without directly accessing the private keys of Binance-associated wallets. The attackers then called a function named "sweep" to transfer ETH and dozens of tokens into wallets under their control; the same delegation permission was reportedly also used to transfer $780 million USDC out of another Binance hot wallet. The attackers' transaction relayer received funding through Tornado Cash, and nearly 195,460 ETH was subsequently transferred to a newly created wallet. How the attackers obtained the relevant authorization remains unclear. Binance stated that user funds are safe and that an investigation is currently underway.
According to on-chain statistics cited by Decrypt, at least $5.57 billion in assets have been transferred from wallets associated with Binance, involving Ethereum, Bitcoin, and TRON; if confirmed as a hack, it would become the largest cryptocurrency heist in history. Binance stated that it is still investigating.
Odaily reports: On-chain monitoring shows that the total assets flowing out of Binance-labeled wallets amounted to approximately $5.643 billion. The breakdown includes: $3.528 billion on Ethereum, $1.449 billion on Bitcoin, $628 million on Tron, and $38 million combined across Arbitrum, Optimism, and Base networks. The tally excludes change outputs and avoids double-counting subsequent transfers and swaps. Tether and USDC issuer Circle have frozen at least $2.316 billion in stablecoins, including approximately $1.493 billion in USDT and $823 million in USDC.
A Binance spokesperson told Cointelegraph that it is investigating a potential security issue with an Ethereum wallet. The security team is reviewing related activities, and no impact on user funds has been confirmed at this time.
According to Whale Alert monitoring, three frozen addresses collectively hold approximately 1.28 billion USDT and 823 million USDC, totaling around $2.1 billion, all linked to the suspected Binance hack.
Binance founder CZ posted that the incident appears to be a hack on Binance and that user funds are safe, thanking Tether (approx. $971 million) and Circle (approx. $823 million) for promptly freezing the related funds.
Odaily Report: He Yi responded on X to a suspected Binance hacking incident, with the following statement:We have noticed reports regarding a potential security issue and are actively investigating.Our security team is urgently reviewing all relevant information. Once verified, we will immediately release the latest updates through Binance's official channels. Users should be wary of scams and must not trust unofficial links, messages, or requests for account information.
According to CoinDesk and security firm Blockaid, Binance's hot wallet has experienced large-scale abnormal outflows since 04:24 Beijing Time. New addresses are holding over $2 billion in assets, Binance has not yet confirmed an attack; BNB dropped approximately 6% within one hour.
Odaily Report: According to on-chain sources, Tether froze $971 million worth of USDT amid a suspected Binance hack.
According to on-chain reports, abnormal fund outflows have occurred from Binance's hot wallet, with funds flowing to newly created addresses. These addresses were initially funded via Tornado Cash, and the stolen funds are valued at over $2.5 billion.
According to monitoring by Bubblemaps, the hack of a third-party service provider for Polymarket has resulted in the theft of assets belonging to over 700 users, totaling approximately $3.46 million. Of this amount, roughly $2.7 million has been converted to POL and transferred out, while approximately $0.75 million remains in Polymarket.
According to CoinDesk, Polymarket officially confirmed that one of its third-party service providers was compromised, resulting in the theft of user assets on its international platform. The issue has been resolved and handed over to law enforcement authorities. Affected users will receive full compensation, and trading on the platform remains suspended.