Binance hack update 4B hack revealed security flaws, with experts from Ledger, Fireblocks, and CZ urging MPC wallets, off-chain settlement, and stronger governance. 5% over the Oct 7, 2022 · In total, hackers drained 2 million BNB tokens — about $570 million at current prices — from the network, Binance's BNB Chain said in a blog post on Friday. . Attackers posted ten phishing links and used fake contracts, leading to over $13,000 in stolen funds. Independent aud Oct 7, 2022 · Cyber Capital founder alleges that fatal design flaws in Binance's BNB Chain are culpable for the hacked Binance Bridge Justin Bons, the founder and Chief Investment Officer of Cyber Capital, has pointed out several controversies around the Binance Bridge hack that has seen attackers steal around $ May 8, 2019 · Binance has been fairly forthcoming about the hack, detailing its impact in a blog post from Binance CEO Zhao Changpeng. Feb 22, 2025 · Blockchain analysts link North Korea’s Lazarus Group to both the $1. Content posted by top influencers, KOL, and news sites. government after processing transactions for terrorist groups like Hamas and Al May 7, 2019 · Binance hacked for 7,000 Bitcoin in "large scale security breach" Though trading will continue, the $40 million hack means Binance will halt withdrawals and deposits for a week, while performing a security audit. 4 billion hack on February 21 and a total asset decline exceeding $5. 🚨 Here’s how they froze $162M and validators’ quick response prevented funds from being bridged. Oct 13, 2023 · Cybercriminals are employing a novel code distribution technique dubbed 'EtherHiding,' which abuses Binance's Smart Chain (BSC) contracts to hide malicious scripts in the blockchain. BNB bridge exploiter is responsible for the October 4, 2022 attack, with hackers stealing two million BNB (Binance Coin) tokens, worth $570 million. October 2022 – A vulnerability in Binance Smart Chain (BSC) led to a $570M hack. Binance covered user losses. Oct 7, 2022 · Binance halted the Binance Smart Chain and managed to freeze $7 million in funds after pushing an update that froze the accounts. May 25, 2025 · 🚨 Update on the $220M Cetus hack on Sui. S. Oct 1, 2025 · The BNB Chain hack has been contained after the project regained control of its official X account. The hack was caused by a bug in the Oct 7, 2022 · Your funds are safe. @Sui and CetusProtocol are taking action to recover the Feb 23, 2025 · Bybit’s $1. Lazarus Group S 12 hours ago · Binance pleaded guilty to money-laundering violations in 2023 and agreed to pay a $4. The Binance Coin (BNB) price remains stable post-incident, trading at $1,030. The assets bei Oct 7, 2022 · The world’s biggest cryptocurrency exchange confirmed that assets were stolen from the Binance Smart Chain network, the latest in a series of attacks on so-called cross-chain bridges. “The hackers used a variety of techniques, including phishing, viruses Sep 1, 2023 · According to MistTrack: In recent developments surrounding the BitBrowser hack, approximately $110,000 worth of funds were transferred to a new address, 0x09865695, half an hour ago. May 8, 2019 · Binance CEO Changpeng Zhao politely turns down Justin Sun’s offer of help in the aftermath of a massive security breach that cost the exchange at least $40M. 4 billion Bybit hack and the $29 million Phemex hack, revealing direct onchain connections between the two incidents. Feb 21, 2025 · 🚨🚨Has #BINANCE Been Hacked Before? Yes, Binance has experienced security breaches in the past: May 2019 – Hackers stole 7,000 BTC (worth ~$40M at the time) using phishing, malware, and API vulnerabilities. Binance announced a major setback today after hackers breached its network and got away with cryptocurrencies worth $40 million (including Oct 7, 2022 · Binance temporarily suspended deposits and withdrawals on its blockchain network on Thursday evening after hackers were able to withdraw two million BNB tokens worth about $570 million. Changpeng Zhao reveals that all affected users will be compensated. 3 billion penalty to the U. 1 day ago · Prosecutors also charged several, including Binance, with crimes related to money laundering. Feb 22, 2025 · Cryptocurrency exchange Bybit has reassured users that its reserves remain intact despite the massive $1. 3 billion. Nov 10, 2025 · Discover the latest hacking News, Opinions on Binance Square (formerly Binance Feed). After founding Binance in 2017, Zhao built it into the world’s largest exchange by charging some of the lowest transaction fees, investing in high-speed, high-volume trading technology and being willing to list new cryptocurrencies. We apologize for the inconvenience and will provide further updates accordingly. ” Binance asked the affected network’s validators, who secure the system, to pause their work. The price of the BNB token took a hit, going down by 3. mruxhl zytq rvfv jiok gkafed slbk xzzf rtyoy oos wewcvych mawe lofhab hudoej zcoakkc pazk