Binance Suffers Security Breach Affecting $6.3 Billion in Assets, Nearly $3 Billion Frozen
Cryptocurrency giant Binance said on Thursday that a "security incident" on its platform has impacted about $6.3 billion worth of assets. The world's biggest cryptocurrency exchange said nearly $3 billion of those assets have been frozen on-chain so far. Tether and Circle said they have frozen more than 1.567 billion USDT and 800 million USDT related to the incident, respectively. The
What happened
Cryptocurrency giant Binance said on Thursday that a "security incident" on its platform has impacted about $6.3 billion worth of assets. The world's biggest cryptocurrency exchange said nearly $3 billion of those assets have been frozen on-chain so far. Tether and Circle said they have frozen more than 1.567 billion USDT and 800 million USDT related to the incident, respectively. The
Why it matters
The incident may affect operational continuity, asset safety or trust around Binance, Tether. Watch for verified scope and remediation.
Affected entities
View evidence
1 reports · 1 original report · 1 independent
- The Hacker NewsPrimary source · Supports · EN · 100%Binance Suffers Security Breach Affecting $6.3 Billion in Assets, Nearly $3 Billion Frozen ↗
Claims
- Binance Suffers Security Breach Affecting $6.3 Billion in Assets, Nearly $3 Billion Frozen Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
Market move following event
Market reaction is not yet available for this asset and time window.