MEDIUMVulnerability
Global

Binance Suffers Security Breach Affecting $6.3 Billion in Assets, Nearly $3 Billion Frozen

·Source: The Hacker News

Updated:

Executive Summary

Cryptocurrency giant Binance said on Thursday that a "security incident" on its platform has impacted about $6.3 billion worth of assets. The world's biggest cryptocurrency exchange said nearly $3 billion of those assets have been frozen on-chain so far. Tether and Circle said they have frozen more than 1.567 billion USDT and 800 million related to the incident, respectively. The

Analysis

Cryptocurrency giant Binance said on Thursday that a "security incident" on its platform has impacted about $6.3 billion worth of assets. The world's biggest cryptocurrency exchange said nearly $3 billion of those assets have been frozen on-chain so far. Tether and Circle said they have frozen more than 1.567 billion USDT and 800 million related to the incident, respectively. The
Source Attribution

Originally published by The Hacker News on Oct 30, 2026.

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