UPDATED SAT 31 OCT · 10:16 UTCLIVE
SecurityHigh

Binance $6.3B hack investigation and speculation

Binance's Co-CEO says multiple people were involved in the roughly $6.3B hack and that attackers used self-destruct mechanisms to hinder tracing. Speculation links its timing to Hyperliquid's big move.

What we know

Wu Blockchain reports Richard Teng's Oct 30 update: multiple actors, self-destruct mechanisms complicating tracing. An account on X RTs a theory that the hack's timing, on the same day as Hyperliquid's biggest daily move, is suspicious. Separately, Lochie flags $HYPE selling after ICE deleted its Hyperliquid perps tweet.

By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.