Binance Attack Linked to Ethereum Wallet Permission Exploit
Blockaid reports a sophisticated attack on Binance involving 50 authorization variations in a single transaction.
Blockaid reports a sophisticated attack on Binance involving 50 authorization variations in a single transaction. Ethereum (ETH) is trading at ₹2,13,392 ($2,244.49), up 0.1% since this brief published. This is an original Token Times brief based on reporting by AMBCrypto, with live market data added, as of Sat, 31 Oct 2026 03:00:02 UTC.
This incident highlights growing concerns about wallet security and the potential vulnerabilities in Ethereum's authorization mechanisms, affecting user trust and platform integrity.
- Blockaid identified 50 authorization variations in a single Binance transaction.
- One variation matched the wallet's account counter and was successfully executed.
- The incident raises concerns about Ethereum wallet security and transaction integrity.
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Blockaid has reported a sophisticated attack on Binance involving the exploitation of 
Ethereum wallet permissions. The attack involved 50 different authorization variations within a single transaction, according to the security firm.
Of these 50 variations, one successfully matched the wallet's account counter and was executed, suggesting a targeted and calculated attempt to compromise the wallet's security.
This incident has been corroborated by AMBCrypto, which also highlighted the complexity and potential implications of the attack. The use of multiple authorization variations indicates a high level of sophistication, raising concerns about the security of Ethereum wallets and the integrity of transactions on the platform.
The broader market context shows a relatively stable crypto market, with 
Bitcoin up 1.06% in the last 24 hours and Ethereum seeing a 2.65% increase. However, the Fear & Greed index remains at 30, indicating a prevailing sentiment of fear among investors.
The incident underscores the need for enhanced security measures in the crypto space, particularly as attacks become more sophisticated. Investors and platforms alike will need to stay vigilant and adapt to evolving threats.
Since this brief published about 8 hours ago, Ethereum (ETH) has moved from ₹2,13,145.44$2,241.90 to ₹2,13,391.68$2,244.49 — +0.12%.
The chart plots ETH's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ETH ≈ ₹232,585.28 (about $2,244.49), up 1.8% over 24 hours. The rupee itself trades about 9.0% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Binance Attack Linked to Ethereum Wallet Permission Exploit — questions & answers
What did Blockaid discover in the Binance attack?
Blockaid found 50 authorization variations in a single transaction, with one matching the wallet's account counter.
How does this affect Ethereum wallet security?
The incident highlights potential vulnerabilities in Ethereum's authorization mechanisms, raising concerns about wallet security.
What is the current market sentiment regarding crypto?
The market is broadly up, but the Fear & Greed index at 30 indicates investors remain cautious.
How much is 1 Ethereum worth in rupee today?
About ₹232,585.28 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $2,244.49. The rupee price moves with both ETH's US-dollar price and the USDT/INR rate; use our Ethereum in rupee page for any amount.
Has Ethereum's price moved since this brief was published?
ETH is up 0.12% since this brief first published — trading at ₹2,13,392 ($2,244.49) now versus ₹2,13,145 ($2,241.90) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from AMBCrypto. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.