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Binance Hack Drains $5.9 Billion With XRP Moved First

COINOTAG·October 29, 2026·1 min read
Binance Hack Drains $5.9 Billion With XRP Moved First

Nearly $5.9 billion in crypto was drained from Binance-linked wallets on October 29, with XRP moved first, according to on-chain analysts. This is described as the largest suspected breach of a crypto exchange to date. The transfer's scale and speed raise concerns about exchange security and market impact.

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