Tag

binance

3 articles with this tag

Finance30 Okt 2026

Binance Reels From Record 6.3 Billion Dollar Cyber Heist Linked to North Korea

Binance Reels From Record 6.3 Billion Dollar Cyber Heist Linked to North Korea

Binance has suffered a catastrophic security breach that siphoned roughly 6.3 billion dollars across multiple blockchains in less than an hour, making it the largest cryptocurrency theft on record. Blockchain investigators have attributed the intrusion with high confidence to North Korea's elite TraderTraitor cyber unit, prompting international law enforcement agencies including the FBI to intervene. Binance executives insist customer funds remain secure and have committed company reserves to absorb the losses, even as industry figures clash over the systemic vulnerabilities exposed by the attack.

By NeuraFeed

Tech30 Okt 2026

Binance Halts Withdrawals Amid Multi-Billion-Dollar Hot Wallet Breach as Stablecoin Issuers Freeze Over $2.5 Billion

Binance Halts Withdrawals Amid Multi-Billion-Dollar Hot Wallet Breach as Stablecoin Issuers Freeze Over $2.5 Billion

Binance has suspended deposits, withdrawals, and Alpha trading following a massive suspected security breach involving EIP-7702 wallet delegations on October 29, 2026. While on-chain estimates of total outflows vary between $1.7 billion and $5.7 billion, stablecoin issuers including Tether and Circle have already frozen more than $2.5 billion in transferred assets as the exchange pledges that user funds remain safe.

By Administrator