WAPO · 2026-10-29 23:41 UTC

Cryptocurrency exchange Binance says it's investigating reports of a potential security incident

Binance is investigating reports of a potential security incident; founder acknowledged it 'does look like a hack on Binance.' Stablecoin issuers Tether and Circle froze funds Thursday evening - Circle froze $800 million and Tether froze $1.5 billion in response. Bitcoin price dropped 3.2% Thursday afternoon to under $79,000; Binance stated user funds are 'completely safe.'

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