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Morning Minute: Binance Hack Leads to Mass Outflows While FBI Opens Probe
Uptober was far from it, with the Binance hack punctuating a red month. Will November be better? Or will the Binance hack hang over crypto?
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920 headlines · 281 outlets · 2026-10-08 → 2026-11-02 · Wikipedia ↗ · 🔒 Follow
Uptober was far from it, with the Binance hack punctuating a red month. Will November be better? Or will the Binance hack hang over crypto?
The crypto exchange noted that holders of the top 10 major assets on the platform can personally verify that their balances are backed at least one-to-one
A onda massiva de saques da plataforma é uma reação direta ao ataque cibernético que roubou rca de US$ 6,3 bilhões em diversos criptoativos
Binance’s SAFU Bitcoin wallet now holds about 7,500 BTC after a 7,499 BTC transfer linked to the hack, with no timeline for restoring the $1 billion fund.
Plus: What went wrong at Binance; airline breach widens; cyber stocks drop
Crypto exchange Gate said it froze two linked accounts as US investigators urged platforms to block transactions tied to the $6.3 billion theft.
The scale and sophistication of the Binance hack is alarming—and all of this will soon be turbocharged by AI.
Plus: Former BizJet salesperson admits to bribing Latin American officials, and what does the Weil Gotshal implosion mean for the law industry?
"This story is dramatic, but it is not true," Yi He said
The theft of billions of dollars from Binance within a matter of minutes, the biggest crypto heist in history, was orchestrated by North Korean hackers, the FBI said Saturday.