Attackers stole roughly $6.4 billion from Binance’s hot wallets, mostly within about 20 minutes, more than four times the $1.5 billion stolen from Bybit in February 2025. After withdrawals resumed, more than $3.64 billion has already left the platform, while the FBI and the Secret Service opened investigations and Binance set aside $6.34 billion to reimburse victims. Bitcoin exchange-traded funds recorded $643.3 million in net outflows on Friday, turning October from a $127 million gain into a $515.9 million deficit. Ethereum ETFs lost $1.61 billion during the month, their worst performance since launch. Binance also plans to buy roughly $1.3 billion of Bitcoin, Ether and BNB to replenish its reimbursement pool.
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