Binance hack began with a $296 million XRP drain after 36-hour preparation
The Binance attacker spent at least 36 hours preparing for the $6.36 billion crypto exchange hack that began with $296 million in XRP. According to an Oct. 29 investigation by TRM Labs, the attacker began preparing the operation on Oct. 28 before executing coordinated transfers across 10 blockchains the following evening. The blockchain intelligence firm… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Read Full Article on CryptoSlateSummary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Security
How Did the Binance Hack Happen? Detailed Investigation of the $6 Billion Heist
On October 29, 2026, an attacker drained about $6.15 billion from Binance in 31 minutes, one of the largest thefts in crypto history, or rather, internet history. Binance first put losses at $6.3 billion; blockchain analytics firm BitOK’s…

Here's how big bitcoin traders responded after the Binance hack hit
Your day-ahead look for Oct. 30, 2026

Live updates: Binance says $6.34B set aside to cover hack losses
Follow live updates as Binance says $6.3 billion in assets have been stolen in a major hack. Around $3 billion in stolen funds have been frozen.