If You Own XRP, Binance Says It Will Pay Everyone Back... Here's The Catch (BREAKING CRYPTO NEWS)
2 extracted signals · 0 resolved · 2 still active
BULLRUNNERSIndependent analyst profile- Source published
- 30 Oct 2026, 21:35 UTC
- Recorded by Tahlil Plus
- 31 Oct 2026, 04:25 UTC

AI-generated source summary
The video discusses the Binance hack, detailing the timeline of the $6.3 billion theft, which occurred over approximately 20 minutes on October 29, 2026. The stolen assets included Bitcoin (18,270 BTC), Ethereum (167,000 ETH), Tether (approx. $1.6 billion USDT), and XRP (233 million XRP). TRM Labs and Chainalysis attribute the attack to North Korea's "TraderTraitor" hacking unit. The hack exploited vulnerabilities in Binance's hot wallet signing system, allowing unauthorized transactions without a private key leak. Stablecoin issuers like Tether, Circle, Ripple, and World Liberty Financial, along with Arbitrum's Security Council, have frozen approximately $3 billion of the stolen funds, but Bitcoin, Ether, and XRP at the attacker's address remain unfrozen. The video highlights the risks of holding crypto on exchanges, contrasting it with self-custody using hardware wallets and a sound backup plan. It advises users to utilize two-factor authentication via authenticator apps (not SMS), enable withdrawal allow-lists, and never reveal seed phrases online. The market reacted negatively to the news, with BTC down 4.9%, BNB down 8.0%, and ETH down 5.7% in the 24 hours following the event.
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