BINANCE SAYS HACKERS USED BOGUS JOB INTERVIEW TO HACK EMPLOYEE AND STEAL CRYPTOCURRENCY - RTRS
BINANCE: ATTACKER EXPLOITED UNAUTHORIZED ACCES TO AN INTERNAL WALLET SIGNING SERVICE TO INITIATE TRANSACTIONS OUTSIDE THE NORMAL WITHDRAWAL PROCESS - RTRS
CFTC CHAIRMAN MICHAEL SELIG ON BINANCE HACK: WE WANT TO OFFER A FEDERAL OPTION TO THESE EXCHANGES TO COME AND REGISTER WITH THE CFTC CAN GET THIS FIRST - CNBC INTERVIEW - RTRS
MOST RECENT UPDATE FROM BINANCE:
ATTACKER USED A KNOWN MULTI-SIGNATURE PROTOCOL EIP-7702, TO OBTAIN ON-CHAIN EXECUTION APPROVAL OVER A HOT WALLET
$5B OF $6.34B RESERVE IS ALREADY HELD IN IMPACTED TOKENS, PROOF OF RESERVES TARGETED FOR MONDAY
ATTACKER ALSO USED A SELF-DESTRUCT MECHANISM THAT DESTROYED TOOLING AND TRACES AS THEY WENT
CONDUCTING A FULL SECURITY REVIEW ACROSS THE ENTIRE COMPANY ENDPOINTS, CLOUD, KEY MANAGEMENT, SIGNING
VERY HOPEFUL USERS CAN WITHDRAW BEFORE SUNDAY DEADLINE, ON TRACK FOR WITHIN 40 HOURS, SERVICE NOT BACK ON UNTIL IT PASSES TESTING
@cz_binance@elonmusk@HuaweiMate6 Reporting to the major shareholder: Our company’s revenue for the year is sufficient to cover the losses, so we do not yet need to sell the SpaceX shares you are bullish on.💁♀️
@elonmusk@HuaweiMate6 Elon, have a lot of respect for you, but bad time to troll. Please stop.
Our SPCX shares (from our $500m investment in your Twitter takeover) are worth more than a billion.
Would appreciate if you show a little support. Thanks!
I want to speak to you directly about what happened.
Bottom line - your money is safe, and we're covering every loss.
Our initial investigation suggests this security incident may have started with a compromised DevOps engineer's laptop. That gave an attacker access to a service container, where they submitted unauthorized withdrawal transactions.
To be clear: the attacker did not simply use one engineer's permissions, and this was not a single "one-click" action. It involved a more complex attack process. Our investigation has not attributed responsibility to any individual.
So far, we have found no evidence of any wallet private key leak.
We'll share a detailed technical post-mortem once the investigation is complete and every fact is verified - and publish an updated Proof of Reserves once remediation is complete.
What you need to know:
• Your funds are safe
• Binance will cover all losses from the SAFU fund and company funds
• Estimated total impact: ~$6.3B, with ~$3B frozen on-chain so far, in coordination with our blockchain partners
• No evidence of any wallet private key leak
• Deposits are unaffected and operating as normal
What we've done:
• Temporarily suspended withdrawals while we complete a security revamp of the withdrawal service and its related addresses
• Revoked the affected address authorizations
• Engaged law enforcement and blockchain intelligence partners to trace and recover funds
Our team hasn't stopped. We're working closely with law enforcement to ensure the matter is handled appropriately - and I'll share what I can, as soon as I can.
I am excited to be an investor in trade(xyz) as they partner with ICE to bring 24/7 perpetual futures on Hyperliquid to the United States. As a market participant, I am looking forward to to using their innovative product to enhance my investment process.
trade[XYZ] and ICE, owner of the New York Stock Exchange, are joining forces to bring 24/7 perpetual futures on Hyperliquid to the United States.
In just over a year, our markets on Hyperliquid have surpassed $650 billion in volume. They provide continuous price discovery for stocks, indices, and commodities, and have become trusted reference points for retail and institutions alike when traditional markets are closed. Much of the world trades them. Until now, Americans could only watch.
We intend to change that. Subject to CFTC approval, trade[XYZ] and ICE plan to establish a new, dedicated U.S. market, with novel exchange and clearing infrastructure built on Hyperliquid. Planned contracts span equities, indices, commodities, FX, and crypto, with access through participating brokers and platforms. We’ll share more on products, eligibility, and timing as approvals progress.
ICE brings more than 25 years of experience operating regulated markets, clearing, and managing risk. trade[XYZ] brings the product development, market design, and technology behind the most liquid and robust markets on Hyperliquid.
Innovation and the protections of U.S. regulation shouldn’t be a trade-off. Together, we plan to prove it.
ICE is making a strategic investment in trade[XYZ] and joins us in building towards the future of Hyperliquid. A small group of market luminaries is joining as well, beginning with Stan Druckenmiller. For more than four decades, few investors have anticipated the great turns in markets as often as Stan. We’re proud to have him with us for the next one.
We’re building the U.S. market in parallel with our existing HIP-3 markets, which we’ll continue to expand and innovate on. We expect both to flourish. They each have a long road map ahead, from new asset classes to new ways to trade them.
To the Hyperliquid community, whether you were here before us or came because of us, thank you. You took a chance on new markets and you made them matter. You’ll forever be a part of this story.
Anything. Anytime. On ICE[XYZ].
We are aware of a small number of users who have experienced unauthorized transfers of funds from their wallets, totaling approximately 400,000 USDT.
Our preliminary investigation suggests that our API documentation site, which is hosted by a third-party provider, may have been compromised, potentially affecting a small number of users over a short period of time. The API documentation site has been taken offline as a precaution and will remain offline until our investigation is complete.
At https://t.co/lu7UxgqTOy, we take the security of our users and their funds extremely seriously. As such, we will fully reimburse all affected users for any funds lost as a direct result of this incident.
Once our investigation is complete, we will publish a full post-mortem detailing what happened and the steps we're taking to prevent similar incidents in the future.
https://t.co/U9cK2cczUj SAYS ~400,000 USDT WAS DRAINED FROM USERS, WILL FULLY REIMBURSE ALL AFFECTED USERS, THIRD-PARTY HOSTED API DOCS SITE MAY HAVE BEEN COMPROMISED
As of Oct 23, 2026, 3:41:30 PM UTC, the Initia L1 and Rollups have been halted due to a security incident.
Our team is actively investigating the situation and working to establish the full scope of any impact with security teams, validators, and exchanges.
We will share verified information through our official channels as it becomes available.
Please remain cautious of unofficial links, messages, or claims circulating during this time.