Binance freezes $2.54bn in funds after suspected hack

Briefing by News4U · First published 2026-10-30 01:26:12 UTC

Binance suspended all deposits and withdrawals after a suspected cyber heist froze at least $2.54bn in assets, saying user funds are safe and it will cover losses; Bitcoin fell about 5% below $77,000. [1] [2] [3]

Sources

1. Binance says $2.54bn in crypto funds frozen amid ‘potential security issue’

   Al Jazeera · 2026-10-30 00:29:24 UTC · Full text

2. Crypto giant Binance freezes $2.5bn of assets over suspected hack

   BBC Business · 2026-10-30 00:46:41 UTC · Summary only

3. Binance crypto platform suspends trades amid suspected hack

   DW English · 2026-10-30 00:55:00 UTC · Summary only

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