[Breaking] Binance Hot Wallets Hit by Suspected $5.6B Exploit as Tether and Circle Freeze Billions

Binance is investigating a suspected $5.6 billion hot wallet exploit after Tether and Circle froze over $2.3 billion in illicit transfers. The breach targeted hot wallets, and the stablecoin issuers acted to halt the movement of stolen funds. Binance has not yet confirmed the full extent of the attack or the impact on user assets.