Binance hit by major hacking incident, billions in digital assets stolen

2026-10-30

Global crypto exchange Binance halted deposits and withdrawals following a hacking incident, with firms estimating billions in losses.

Glassnode estimated 5.3 billion dollars stolen, while Chainalysis estimated 5.9 billion dollars

Binance temporarily suspended all deposits and withdrawals

Binance froze approximately 3 billion dollars in digital assets, with Tether and Circle also freezing assets