Binance Hack On-Chain Analysis: 50 Signatures, 197,460 ETH and $2.83 Billion Frozen

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.What really happened in the Binance hack? We analyzed the blockchain ourselves: 50 signatures in one transaction, $2.83 billion frozen, 197,460 ETH with the attacker and an Aave trick. Plus the key voices from X and our conclusion.Add as a preferred source on GoogleFollow on Google NewsWhat really happened in the Binance hack? Our analysis of the blockchain data shows: on October 29, 2026 an attacker took control of the hot wallet "Binance 14" with 50 simultaneously submitted signatures and drained about $2.7 billion within seconds. Binance confirmed the hack overnight and says it will cover all losses. According to our measurements and investigators, more than $2.83 billion is frozen, and the attacker is left mainly with 197,460 ETH. Here is what we verified ourselves, what the key voices on X say and where this is heading. The minute-by-minute account is in our timeline with live ticker, the news itself in our Binance hack report. Hack or internal transfer? The first debate of...