importantSYS.SOURCE: TechCrunch• 2026-10-29T22:27:23Z
Binance Suspends Withdrawals Amid Suspected Multi-Billion Dollar Crypto Heist
Binance has paused withdrawals following a suspected cyberattack, with estimates suggesting billions in crypto may have been stolen from its hot wallets. The exchange is investigating, while related entities like Tether and Circle have frozen funds, though the exact scope and perpetrators remain unclear.
Some estimates say hackers stole billions in crypto from Binance, the world's largest cryptocurrency exchange, during a cyberattack on Thursday.
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