Potential Binance 'hack' forces crypto firms to freeze $3 billion

The Hill - Oct 30, 2026

A suspected hack at Binance prompted cryptocurrency firms to freeze about $3 billion in assets, the company said on Thursday. The exchange, which described the situation as a "security issue," has temporarily suspended deposits and withdrawals while it "conducts security checks, freezes funds, and works with law enforcement." It vowed to cover all losses. "It...

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