Everything you need to know about Binance. Read our latest news and technical analysis to understand its market impact.
The FBI has blamed the TraderTraitor cell for the largest crypto theft on record, with up to 6.43 billion dollars stolen from the Binance platform on October 29, 2026.
Binance has restored 90 percent of the 6.3 billion dollars stolen in the October 29, 2026, attack and expects to resume withdrawals on November 1.
The theft of 18,270 BTC from Binance, valued at $1.4 billion, surpasses the holdings of Tesla and El Salvador, while analysts link the attack to North Korea.
Binance recorded net capital outflows of $1.23 billion within a week, marking a 207% increase from the previous period. This volume includes a peak in Ethereum (ETH) withdrawals, reaching levels not seen in three years. The event necessitates an analysis of the exchange's liquidity and user confidence amid a volatile market and regulatory scrutiny.
Changpeng Zhao (CZ), founder of Binance, claims the platform's application to operate under the European Union's Markets in Crypto-Assets (MiCA) regulation was 'fully compliant' and nearing approval before being allegedly blocked by unidentified 'political forces.' This allegation introduces opacity into the MiCA regulatory process, potentially affecting predictability and trust in Europe's legal framework for digital assets.
