NYPOST · 2026-10-29 23:43 UTC

Binance founder says crypto exchange may have been hacked — leading to firms freezing over $2B

Binance reported a potential security issue under investigation; co-founder Changpeng Zhao said it 'looked like a hack.' Circle froze over $800 million in stablecoins, Tether froze nearly $1.57 billion, and Ripple froze roughly $200 million in response. Binance stated user funds were safe and its teams were reviewing the incident with urgency.

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