TRM Labs

Company · 3 documents

Key number

USD 6.30–6.43 billion

Binance breach estimated gross loss. OpenAlex (recherche mondiale) p.1

Key number

USD 6.3 billion USD

Binance estimated unauthorized outflows. OpenAlex (recherche mondiale) p.5

Key number

6.36B US$

Total Funds Moved. OpenAlex (recherche mondiale) p.1

The Asymmetric Attack Surface of Fiat Substitutes: A Measurement Framework and Owner-Bound Offline Custody Architecture

Research paperOpenAlex (recherche mondiale)November 202624 pages

In 2019, Federal Bureau of Investigation data recorded USD 1.424 billion in reported stolen currency and USD 36.981 million recovered relative to USD 1.7598 trillion of U.S. currency in circulation.

Stablenotes v1 Whitepaper — Owner-Bound Offline Transaction Authorization for Stablecoins and Tokenized Assets

White paperOpenAlex (recherche mondiale)November 202695 pages

The 29 October 2026 Binance incident resulted in an estimated USD 6.3 billion in unauthorized hot-wallet outflows with initial findings showing no evidence of a private-key leak.

Anatomy of the Binance Hot-Wallet Breach of 29 October 2026

Research paperOpenAlex (recherche mondiale)November 202611 pages

An attacker moved roughly US$6.3 billion out of Binance wallets across ten blockchains, with most funds leaving within about 20 minutes starting at 20:05 UTC on 29 October 2026.