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What occurred within the Binance hack, and is your XRP protected on an alternate? On October 29, 2026, an attacker moved about $6.3 billion out of Binance wallets on ten blockchains in about 20 minutes, together with greater than 233 million XRP. TRM Labs calls it the most important crypto theft on document and hyperlinks it to North Korea’s TraderTraitor group. On this video we stroll by way of the way it occurred, what acquired frozen, what Binance says it would cowl, and the steps XRP holders can take at this time to guard their cash.
What you’ll be taught:
– How the assault began: Binance factors to at least one compromised DevOps engineer’s laptop computer
– Who TRM Labs and ZachXBT hyperlink the theft to
– Why about $3 billion was frozen (stablecoins) whereas Bitcoin, Ether and XRP couldn’t be
– What Binance’s SAFU fund promise does and doesn’t imply
– Why Mt. Gox and FTX prospects waited years to get something again
– What to do at this time: no rushed selections on a pink day, alternate account safety, and a self-custody plan
Fast solutions:
Q: How a lot was stolen from Binance?
A: About $6.3 billion by Binance’s estimate; TRM Labs places it at $6.36 billion.
Q: Was XRP taken within the Binance hack?
A: Sure. TRM Labs stories greater than 233 million XRP pulled from 5 Binance wallets.
Q: Can stolen XRP be frozen?
A: No. Issuers can freeze stablecoins like USDT and USDC, however XRP at an attacker’s deal with can’t be pulled again by Binance.
Chapters:
0:00 What occurred at Binance
1:44 How they acquired in
2:53 Who did it
3:29 The freeze
4:49 What it means for XRP
5:50 Is an alternate protected?
7:21 What to do at this time
8:39 Your self-custody plan
Sources talked about: Binance safety incident updates (Oct 29-30, 2026), Cointelegraph stay protection, TRM Labs “North Korea Steals USD 6.36 Billion From Binance”, Yahoo Finance (liquidations), Coinbase hourly worth knowledge.
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