Signal Desk · Crypto

Binance hackers had 8 weeks of access before $6.3B exploit

2026-11-06 · 1 source · Cointelegraph

In short

Security Alliance estimated that hackers stayed inside Binance systems for about eight weeks before the $6.3 billion exploit.

The group said the attack looked like other multi-step crypto hacks, including the $388 million Bitget breach.

What the reporting says

Security Alliance estimated that hackers had eight weeks of access before the $6.3 billion Binance exploit. The cybersecurity company said the intrusion showed multi-stage patterns similar to other major crypto heists, including the $388 million Bitget hack. The estimate points to a prolonged breach rather than a single fast attack, though the source only provides the security firm's assessment.

Why it matters

Security Alliance estimated that Binance hackers maintained access for eight weeks before the $6.3 billion exploit. The firm linked the intrusion pattern to other multi-stage crypto heists, including the $388 million Bitget hack. The report matters for Binance, crypto exchanges, and market users because it suggests a prolonged security failure and raises concerns about exchange defenses, even though the source only gives the security company's estimate.

Touches: Binance, Bitget, Crypto, Markets, Companies

Sources