Largest bank heist in history: Binance hack rocks crypto industry Cryptocurrency platform Binance said on Thursday it had fallen victim to a major hack that hit around $6.3 billion (€5.5bn) in funds, with about half that amount frozen to prevent a massive theft. Angela Barnes Fri, October 30, 2026 at 7:20 AM GMT 3 min read

The company - the world's largest crypto exchange by daily trading volumes - posted a series of sometimes contradictory messages on X, insisting that "user funds are completely safe" but also saying it would "cover all losses".