1 Nov 2026
PeckShield counted 56 major crypto hacks in October 2026 with $6.48 billion lost, up about 745% from September, driven by the $6.3 billion Binance incident. November opened with a $464,600 exploit of Premia.
Crypto hacks in October 2026 cost the industry $6.48 billion, according to blockchain security firm PeckShield. The firm counted 56 major hacks during the month, a roughly 745% jump from September’s $766.49 million. Almost all of the increase comes from a single event: the Binance hack.
Binance now tops the 2026 list
PeckShield puts the Binance incident at about $6.3 billion, with $3 billion already frozen. That makes it the largest crypto theft of the year so far, ahead of the Bitget incident (about $387 million) and the Liquid Network incident (about $320 million, of which $285 million was returned).
The firm’s top 10 hacks of 2026 as of October 31:
- Binance: $6.3B ($3B frozen)
- Bitget: $387M
- Liquid Network: $320M ($285M returned)
- Drift: $292M
- KelpDAO/LayerZero: $285M
- COLDCARD Wallet: $130M
- CryptoBills Ledger drainer: $93M
- Tectonic Finance: $74M
- Humanity Protocol: $31M
- Step Finance: $28.9M
Together the top 10 account for 92.3% of the year’s total losses of $8.6 billion, before frozen and returned funds are taken into account, PeckShield said. The FBI has attributed the Binance theft to North Korea’s TraderTraitor group; see our FBI attribution coverage and earlier analysis of North Korea’s share of 2026 losses.
November starts with another exploit
The new month did not start quietly. PeckShield reported early on November 1 that options protocol Premia had been exploited for about $464,600. The attacker bridged the funds from Arbitrum to Ethereum and then swapped them into BTC through Chainflip and NEAR Intents, according to the firm.
What it means for traders
- Exchange risk is not theoretical. A single centralised exchange incident made up more than 95% of October’s losses by PeckShield’s numbers. Spreading funds across platforms and using self-custody for long-term holdings limits exposure to any one venue.
- Frozen is not recovered. Frozen funds can still take months to return through legal processes, so headline loss figures may shrink slowly.
- Watch laundering routes. Cross-chain swap services keep showing up in exploit trails, as the Premia case shows.
Binance began reopening withdrawals in phases on November 1; read our withdrawal restart report. To check how exchanges handle security and reserves, see our exchange comparison, with BingX ranked first and OKX second.
This article is for information only and is not financial advice.
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