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Wall Street Oct 30: Binance Hack Drains $5.9 Billion in 40 Minutes as Bitcoin Slides and Altcoins Bleed
Attackers pulled about $5.9 billion from Binance hot wallets in roughly 40 minutes on October 29, between about 20:24 and 21:04 UTC. Chainalysis puts the confirmed loss at $5.912 billion, while Binance estimates the full impact at $6.3 billion, the largest theft in crypto history. The attackers did not break a smart contract. They gained …
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About the author
Covers Bitcoin, on-chain data and market structure. Breaks down what the charts and wallet flows are actually saying, without the hype.
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