
Binance Hack: This Is What Bitcoin Did After 6 Earlier Crypto Disasters
Bitcoin has survived several major hacks, often seeing its value drop, then setting off on a run that often ended in new all-time highs.

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Strategy's Bitcoin stash grew 26% during 2026, despite recording a negative 3.7% BTC Yield.

Catch up on Cointelegraph’s live coverage of Binance’s $6.3 billion hack, including the investigation, industry response and plans to reopen withdrawals.

Cointelegraph’s timeline of Binance’s record $6.3 billion hack, including North Korea links, $3 billion in frozen assets and the security investigation.

Richard Teng said the attacker used a self-destruct mechanism and an EIP-7702 delegation that bypassed Binance's normal approval controls.
Binance uncovers wider breach in $6.3 billion exploit, targets Sunday withdrawal restart CEO Richard Teng said hackers erased evidence and bypassed security checks. Binance plans to publish its proof of reserves Monday. By Olivier Acuna |

The biggest hack in the crypto industry took place on Friday morning and sent shockwaves across the entire market.

After Elon Musk appeared to mock Binance’s $6.4 billion hack, CZ reminded him that the exchange holds over $1 billion in SpaceX shares.