Binance admits major exploit as wallets lose $5.64 billion in one sweep

On October 29 2026 at 21:22 UTC, on-chain trackers spotted a sudden drain from addresses tied to Binance. The total hit 5.643 billion dollars, split between 3.528 billion in Ethereum, 1.449 billion in Bitcoin and 628 million on Tron.

The exchange confirmed the breach but stayed silent on the final figure. Researchers stripped out routine trades and repeated transfers, leaving only the initial movement from hot wallets.

Another 38 million dollars left the Arbitrum, Optimism and Base networks at the same time. It remains unclear whether the attackers managed to cash out or if some funds were later frozen.

Based on information from cryptonews.net