THE GUARDIAN · 2026-10-30 00:04 UTC

World's largest crypto exchange investigating reports of potential hack

Binance is investigating reports of a potential security breach; founder acknowledged it 'does look like a hack on Binance'. Stablecoin issuers Tether and Circle froze $1.5bn and $800m respectively in response to the incident. Bitcoin price dropped 3.2% to under $79,000; Binance stated user funds are 'completely safe' but extent of damage remains unclear.

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