Security
Binance investigating hack as suspicious outflows reach up to $5.8 billion
The Block·October 29, 2026·1 min read
Binance is investigating suspicious outflows reaching up to $5.8 billion from its hot wallets. Tether and Circle froze $1.79 billion in USDT and USDC after the movement. Binance confirmed it is investigating the incident, which appears to be a major security breach affecting billions in crypto assets.
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