@BullTheoryio reported that Binance lost $6.3 billion from compromised hot wallets during October 2026, a month of widespread breaches that also hit CoinDCX and CryptoBilis.

Binance confirmed $2.54 billion frozen after $5.87 billion moved from a hot wallet at 04:10 on Oct 30, with USDT, BTC and ETH comprising the bulk of the assets.

Bitget resumes withdrawals five days after $352M hack as onchain activity shows hot wallet outflows with $6.78B in tracked assets.

Bitget ETH hot wallet 0xED9...18771 rebounds above 30k after withdrawals open, with $2716.1 price holding bullish EMA structure on 4h chart.

Justin Sun details HTX multi-address hot wallets, rotation and $1M risk caps backed by insurance as TRX trades at $0.34 on 4h charts.

Bitget Protection Fund, holding 5,500 BTC, will fully cover hot wallet theft losses; fund established 2022 with public on-chain addresses.

Bitget hot wallet incident hits $351.6 million in transfers on September 24 2026 while cold wallets stay secure and $464 million User Protection Fund covers losses.

HyperLabs unstaked 433K HYPE worth $38.14M and split it across 11 addresses, matching monthly staking yield from 241M HYPE holdings.

According to @binance, hot wallets are internet-connected and best for frequent trading with smaller balances due to speed and convenience, while cold wallets keep private keys offline and are better for long-term storage and larger balances to reduce hack risk. Source: Binance Academy article Hot vs Cold Wallet: Which Crypto Wallet Should You Use and Binance tweet dated Jan 2, 2026. Traders can apply this by keeping only a working balance in a hot wallet for execution and regularly moving excess funds to cold storage to limit online exposure. Source: Binance Academy article Hot vs Cold Wallet: Which Crypto Wallet Should You Use. Security steps include storing seed phrases offline, enabling two-factor authentication on hot wallets, and testing small transactions before sending larger amounts to prevent irreversible errors. Source: Binance Academy article Hot vs Cold Wallet: Which Crypto Wallet Should You Use. Hardware wallets are a common cold storage option that isolates keys from the internet, making them suitable for higher-value holdings and longer holding periods. Source: Binance Academy article Hot vs Cold Wallet: Which Crypto Wallet Should You Use.