Coverage dated October 6, 2022

Binance hacked to the tune of $100 million or more

Headline from KVIA El Paso

By MICHELLE CHAPMAN AP Business Writer Binance, the world’s largest cryptocurrency exchange, may have lost more than $100 million following a hack of its Binance Smart Chain blockchain network. A reddit post by Binance discussing the incident said that the company temporarily suspended its BNB smart…

KVIA El Paso's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Reports & sources

5 articles, oldest first.

  1. NBC News

    Crypto exchange Binance suffers $570 million hack (opens NBC News)

    Published

    NBC News's feed description

    It is the latest in a series of major hacks targeting cross-chain bridges, with instances of sloppy engineering making them a prime target for cybercriminals.

  2. KVIA El Paso

    Binance hacked to the tune of $100 million or more (opens KVIA El Paso)

    Published

    KVIA El Paso's feed description

    By MICHELLE CHAPMAN AP Business Writer Binance, the world’s largest cryptocurrency exchange, may have lost more than $100 million following a hack of its Binance Smart Chain blockchain network. A reddit post by Binance discussing the incident said that the company temporarily suspended its BNB smart…

  3. CBS News

    World's largest cryptocurrency exchange is hacked for $100 million (opens CBS News)

    Published

    CBS News's feed description

    Binance CEO Changpeng Zhao said the cross-chain bridge hack has been contained and customer accounts are now safe.

  4. The Guardian

    World’s largest crypto exchange hacked with possible losses of $500m (opens The Guardian)

    Published

    The Guardian's feed description

    Binance, the latest crypto company to experience a targeted hack, temporarily suspends transactions and the transfer of funds

  5. Insider

    Binance, the world's biggest crypto exchange, was hacked, and around $100 million worth of Binance Coin was stolen, CEO says (opens Insider)

    Published

    Insider's feed description

    The current impact estimate is around $100 million, about "a quarter of the last BNB burn," the CEO of Binance wrote on Twitter Friday.

Binance hacked to the tune of $100 million or more | Since Then