Binance suffers 'security incident'
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Bitcoin fell more than 4% to a six-week low below $78,000, while Ether and BNB also slumped after a reported $6.3 billion security breach at Binance rattled crypto markets. Analysts flagged key support levels and advised investors against panic selling or aggressive dip-buying,
Binance says the estimated total impact is around $6.3 billion and the verified total value of crypto frozen is $3 billion. This could increase as investigators trace additional assets. Binance says deposits are operating normally, and withdrawals are ...
Binance reports a $6.3 billion hack, the largest in crypto history. Bitcoin fell below $77,000 as $3 billion was frozen. Read the latest facts.
Cryptocurrency prices fell on Friday after Binance reported a potential security issue and said more than $2.5 billion in assets had been frozen.
An on-chain tally puts the suspected Binance drain at $5.57 billion across three blockchains, as Tether and Circle froze $1.8 billion.
Hit by a security breach, Binance pools users’ coins in wallets it controls and has paid billions to settle cases with US authorities.
Binance is investigating a potential multibillion-dollar security breach involving one of its Ethereum wallets, after suspicious transfers prompted stablecoin issuers Tether and Circle to reportedly freeze nearly $1.8 billion in assets.
Small Bitcoin holders are moving coins onto Binance at the fastest pace in six months, while whale deposits have fallen by a third since late August, CryptoQuant analyst Darkfost wrote on Monday, October 26.
FET rose 2.64% in the last 24 hours as Binance announced FET/U cross-margin pair removal and altcoin market cap gained 0.57%. No major ASI Alliance news detected.
