Friday, 30 October, 2026
Crypto Lockup: Binance Collars $2.54 Billion in Mass Hack Probe
By TechShots Studio
Binance has confirmed that $2.54 billion in crypto assets have been frozen following a suspected security breach involving unauthorized hot wallet outflows. Partnering with law enforcement, blockchain analytics firms, and major stablecoin issuers, the exchange is actively tracing lost funds. While investigations into the cyber heist continue, Binance reassures users that customer funds remain safe and fully covered.
Read full story at REUTERS