PBS · 2026-10-30 14:29 UTC

Binance flags 'potential security issue,' says approximately $6.3 billion impacted

Binance reported a potential security issue affecting approximately $6.3 billion, with founder Changpeng Zhao saying it 'does look like a hack on Binance.' The company's investigation suggests a compromised DevOps engineer's laptop allowed unauthorized withdrawal transactions; roughly $3 billion in assets have been frozen on-chain. Binance suspended all deposits and withdrawals for security checks; Tether froze over $1.5 billion and Circle froze over $800 million in related funds; Bitcoin dropped 3.2% to under $79,000.

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