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Binance investigating hack as suspicious outflows reach up to $5.8 billion

Tether and Circle froze $1.79 billion in USDT and USDC after billions moved out of Binance hot wallets. Binance says it is investigating.

Jason Shubnell and Yogita Khatri

Publisher The Block

Oct 29, 2026 at 9:49 PM UTC · 1 min read

Binance investigating hack as suspicious outflows reach up to $5.8 billion
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binance, tether, circle

Last Updated

2 hours ago

Tether and Circle froze $1.79 billion in USDT and USDC after billions moved out of Binance hot wallets. Binance says it is investigating.

#binance#tether#circle#crypto#government-policy

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Originally reported by The Block

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