NEW STRAITS TIMES · 2026-10-30 00:01 UTC

[UPDATED] Crypto platform Binance confirms major hack, more than US$2.5bil frozen

Binance, the world's largest crypto exchange, confirmed a major hack resulting in over US$2.5 billion frozen to prevent theft. Tether froze US$1.6 billion and Circle froze over US$800 million in stablecoins related to the Binance hack. Bitcoin prices fell more than 3% following the news; experts suggest this could be the largest cyberattack of its kind.

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