Oldman Crypto · 2026-10-29 22:06 UTC

🚨 Binance appears to have been hacked, and the numbers are historic. Starting 20:24 UTC on Oct 29, Binance hot wallets were drained into a fresh wallet: about 167,000 ETH, roughly 1.6B USDT and 60+ other tokens from the Binance 14 wallet alone. Total outflow estimates range from $2.5B to $3.5B, still unconfirmed. CZ: "User funds are safe. It does look like a hack on Binance." He expects all user funds to be fully covered. Binance says funds are completely safe and it is investigating urgently, while some users hit withdrawal issues the exchange calls a technical error. Tether froze over $1.567B in USDT and Circle froze over $800M in USDC. Frozen is not recovered though, and ETH cannot be frozen like stablecoins. BTC dropped from $80,770 to $78,475, with over $600M liquidated in an hour. $BNB took the hardest hit among majors. The final confirmed loss and withdrawal restoration are what matter now. And beware: fake support and phishing links will flood in. Only trust official channels. #Binance #Bitcoin #CryptoNews #BinanceHack 📌 Sharing personal opinions only, not financial advice or a recommendation to buy/sell. Crypto is highly risky; DYOR and you are solely responsible. No coin promotion.

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