Binance has paused withdrawals across multiple crypto networks due to a suspected hack involving the theft of billions in cryptocurrency.

Cybersecurity Cryptocurrency Financial SecurityOct 30, 2026score 0.502 posts · 1 replies across 2 instances

The thread discusses Binance pausing withdrawals due to a suspected hack, with reports of billions in crypto being stolen from hot wallets. This incident highlights significant security vulnerabilities in major cryptocurrency exchanges.

Claims

Parent: CryptocurrencyEntity: BinanceImpact: negativeDate: Oct 30, 2026Target: Binance's security measures and response to the hack

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NEW: Binance says it's paused withdrawals across multiple crypto networks after a suspected hack. Reportedly billions drained from Binance's hot wallets, and billions frozen as stolen crypto traveled across other networks. https://techcrunch.com/2026/10/29/binance-pauses-withdrawals-as-hackers-suspected-of-stealing-billions-in-crypto/

Bypass for ad-blockers: https://web.archive.org/web/20261029222926/https://techcrunch.com/2026/10/29/binance-pauses-withdrawals-as-hackers-suspected-of-stealing-billions-in-crypto/

9 boosts · 0 favs · 1 replies · Oct 30, 2026

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Binance pauses withdrawals as hackers suspected of stealing billions

Binance is dealing with a security incident as users reported that funds were being drained from the crypto exchange’s wallets.

https://techcrunch.com/2026/10/29/binance-pauses-withdrawals-as-hackers-suspected-of-stealing-billions-in-crypto/

#FinTech #FinServ #Banking #CryptoCurrency #CyberSecurity

0 boosts · 0 favs · 0 replies · Oct 30, 2026

#cybersecurity#cryptocurrency#banking#finserv#fintech