Binance Hack: Historic $6 Billion Theft Binance has fallen victim to a historic $6 billion hack. The attackers took advantage of Binance's internal infrastructure and stole funds from various blockchain hot wallets in less than half an hour. The attack resulted in the largest theft ever recorded in the crypto space. The impact of the shock waves on the Bitcoin price is not yet fully known. It remains to be seen what this means for anyone who trades Bitcoin or stores their assets on the major exchanges.