Chainalysis Says TraderTraitor Likely Behind Binance Incident
Binance put the incident's total impact at about $6.3 billion and said roughly $3 billion had been frozen. It has not named a perpetrator.
Binance put the incident's total impact at about $6.3 billion and said roughly $3 billion had been frozen. It has not named a perpetrator.
A reported Trezor Safe 5 bought in Indonesia had added cellular hardware. Trezor says it has received no reports of stolen user funds.
The first transaction in the monthly program was valued at about $92,000. The plan uses revenue from Cronos Ult and Cronos Launch for open-market purchases that are then burned.
A disclosure described an added circuit board that could capture screen contents and transmit them over cellular networks. Trezor has not received the device for laboratory testing.
Withdrawals remain paused as the exchange says about $3 billion in affected assets were frozen and it found no evidence of exposed wallet private keys.
The device was bought in August. Trezor says it has not received it for lab testing and has no reports of user losses.
The protocol called the halt a precaution to protect users and said its products have no exposure to Binance.
The code could run when VS Code launched or a webview opened, without a user starting a Claude conversation.
The plan centers on a two-person team and includes a four-week proof period.
The protocol said it withdrew treasury-provided on-chain liquidity before the sale and that its contracts were unaffected.
The notice's quoted wording gives no specific date or allocation details.
He has also discussed software agents using crypto and stablecoins for payments between themselves.
The proposed tokens would be short-lived and revocable, with permissions for tasks such as fund transfers or module installation.
During a Sept. 20 reinforcement-learning run, the system flagged limited DNS-based access to an external chatbot within 15 minutes; a human began review three minutes later.
Binance identified an employee’s computer as the attack’s entry point. Withdrawals remain paused as a precaution and are expected to resume within 48 hours.
Metaplanet CEO Simon Gerovich said Bitcoin’s network was unaffected and the company keeps its holdings in cold wallets with a regulated custodian.
The Oct. 29 changes span the Developer Portal, Pi BlockExplorer, SoloHost and PiVerify. At the same OKX snapshot, PI was up 1.28% over seven days.
Anodos Finance requested removal as it planned to sunset its validator by the end of October. Flare’s FXRP lending activity uses markets outside the XRP Ledger.
The effort adapts IQE’s gallium nitride growth process to silicon substrates that use Atomera’s MST technology.
Aave allowed users to repay loans and withdraw. Arbitrum transferred 8,425 Ether (ETH) and 74,559,805.2 Arbitrum (ARB) to a frozen address.
Dr. Han proposed shared preventive standards, intrusion detection rules and emergency response procedures for crypto firms.
The company said it found no evidence of wallet private-key exposure and has frozen about $3 billion in affected assets.
The assessment describes AI-assisted code work, job-themed targeting and live use of a penetration-testing framework.
The transfers totaled 233.46 million XRP, and the incident reached $6.36 billion across 10 blockchains.
The 2026 figure is more than double the prior year's total.
The remaining two wallets received 832.5 BTC and 437.7 BTC; all 19 still held their balances at the latest check.
The $6 billion hack is the largest in Binance’s history, with concerns extending to security across crypto exchanges.
The transfer was valued at about $38.82 million. Roughly 480,720 ETH remained in hack-linked wallets and could not be frozen.
The wallet still holds about $1.12 billion in ETH, and the transferred funds may be headed to Tornado Cash.
The outage disrupted connections and order submissions across web, mobile and API services late Thursday in the United States.
The company also praised Binance’s handling of the incident and said safeguarding its network and community comes first.
The blocklist reached 1inch’s dApp, wallet and API within an hour, but stolen 1INCH tokens cannot be frozen.
The addresses were blocked from 1inch’s app, wallet and API within an hour. Some assets taken in the Binance incident were 1INCH.
The assessment names TraderTraitor, a Lazarus Group unit, but officials have not confirmed the attribution. Binance said about $3 billion was frozen and it would cover the full loss.
ZachXBT put the Binance-linked amount at about $6.3 billion and the Bitget-linked amount at about $388 million.
Binance estimates the impact at $6.3 billion, says about $3 billion is frozen onchain and has kept withdrawals suspended.
The firm said it relied on on-chain and off-chain intelligence and described TraderTraitor as part of Lazarus Group.
The coins were valued at about $1.4 billion. Binance co-founder He Yi said the company would pursue the funds.
The claim challenges the terms against Polymarket’s promise to fully repay affected traders after a third-party provider breach.