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Binance hacked for over $5.8B in massive crypto exploit

Cointelegraph·October 29, 2026·1 min read
Binance hacked for over $5.8B in massive crypto exploit

Binance is investigating a multibillion-dollar security breach involving its Ethereum wallets. Tether and Circle have frozen more than $2.36 billion in stablecoins linked to the exploit. The hack underscores ongoing security challenges for major exchanges and the role of stablecoin issuers in mitigating theft.

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