Binance Hack: $5.5 Billion Drained Across Three Chains, $1.8 Billion Frozen

A Binance hot wallet lost well over $2 billion in crypto on October 29, in what looks like one of the biggest hacks in crypto history. At 20:24 UTC, a wallet funded through Tornado Cash swept Binance’s “Binance 14” hot wallet into a fresh address in a single transaction . So far, Binance has not confirmed a hack. We’ll update this post when possible as new details come in. Here’s what the blockchain shows, what’s still unconfirmed, and what Binance users should do right now. What Happened to the Binance Hot Wallet On-chain data tells a clear story.