Multi-Billion Binance Hack Hitting Crypto Markets
Binance is investigating a potential hack after more than $2 billion in crypto was drained from one of its wallets into a new external account, with Blockaid estimating nearly $3.3 billion was moved.
"Our teams are aware of reports of a potential security issue and are actively investigating," said Binance on X.
"User funds are safe," said Binance founder CZ. "It does look like a hack on Binance. Appreciate the quick freeze from Tether (~$971m) and Circle (~$823m). I don't manage Binance anymore, but as a shareholder, I expect all user funds will be fully covered."
https://slashdot.org/story/26/10/29/2143222/multi-billion-binance-hack-hitting-crypto-markets?utm_source=rss1.0moreanon&utm_medium=feed at Slashdot.
https://slashdot.org/story/26/10/29/2143222/multi-billion-binance-hack-hitting-crypto-markets?utm_source=rss1.0mainlinkanon&utm_medium=feed
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2026-10-29 22:00:00 UTC
Author Public Key
npub1rk3j5fc4ew5w9zd7kx5zfqt04tew0kan9swrr63ctn6k8wp8f65qwd8w8zSeen on
wss://nostr.data.hausPublished at
2026-10-29 22:00:00 UTCEvent JSON
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"content": "Multi-Billion Binance Hack Hitting Crypto Markets\n\nBinance is investigating a potential hack after more than $2 billion in crypto was drained from one of its wallets into a new external account, with Blockaid estimating nearly $3.3 billion was moved.\n \n\"Our teams are aware of reports of a potential security issue and are actively investigating,\" said Binance on X.\n \n\"User funds are safe,\" said Binance founder CZ. \"It does look like a hack on Binance. Appreciate the quick freeze from Tether (~$971m) and Circle (~$823m). I don't manage Binance anymore, but as a shareholder, I expect all user funds will be fully covered.\"\n\nhttps://slashdot.org/story/26/10/29/2143222/multi-billion-binance-hack-hitting-crypto-markets?utm_source=rss1.0moreanon\u0026utm_medium=feed at Slashdot.\n\nhttps://slashdot.org/story/26/10/29/2143222/multi-billion-binance-hack-hitting-crypto-markets?utm_source=rss1.0mainlinkanon\u0026utm_medium=feed",
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