Binance hacked: $5.7 billion transferred, part of funds frozen

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https://cryptoast.fr/binance-piratage-portefeuille-vide-2-5-milliards-dollars/

Binance may have been hacked. This Thursday at 9:24 p.m. Paris time, an unusual movement of funds was detected on Ethereum. A Binance wallet, identified as “Binance 14” on Etherscan, allegedly transferred 167,464 ETH, or approximately $379 million, to a previously unknown address.

This hot wallet, a wallet connected to the Internet used in particular for customer withdrawals, would also have sent 63 other tokens during the same operation.

The largest amount is for Tether's USDT, at $1.61 billion. Followed by wBETH, a token representing ETH placed in staking ($74.8 million), Ripple's stablecoin RLUSD ($62.6 million) and tokenized gold XAUt ($45.7 million). In total, nearly 2.53 billion dollars would have left this wallet on Ethereum.

The alert quickly circulated on

According to initial reports, the address that triggered the transfers was financed via Tornado Cash, a protocol allowing the traceability of cryptocurrencies to be blurred. However, this link remains to be confirmed.

Tree News relayed the alert a few minutes later. Its monitoring tool TreeAI mentions a “possible theft” of several billion dollars, while Crypto Banter estimates transfers at $2.53 billion on Ethereum.

Other analyses, taking into account the movements observed on five blockchains, put forward a total amount of 2.77 billion dollars. Binance has not confirmed a hack

Despite the scale of the sums involved, there is currently no evidence to confirm that Binance was hacked. As the specialized account unfolded points out, these movements could correspond to internal transfers between wallets on the platform. The hypothesis of a compromise nevertheless remains raised.

Binance had not released any official confirmation at the time of writing. If a theft of this magnitude were confirmed, it would far surpass the Bybit hack in February 2025, which resulted in the disappearance of approximately $1.5 billion in cryptocurrencies.

In this context of uncertainty, BNB, a token of the Binance ecosystem, is trading around $698, down 7.51% over 24 hours.

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Machine-translated from French