Yes, reports describe an ongoing suspected drain of Binance wallets with about $2.77 billion in outflows across five blockchains, still labeled unconfirmed in early posts apewirenews.

Yes, reports describe an ongoing suspected drain of Binance wallets with about $2.77 billion in outflows across five blockchains, still labeled unconfirmed in early posts apewirenews.

Onchain investigator spreekaway first flagged an entire Binance wallet drained to a new EOA via a Tornado Cash funded call at 20:32 UTC Oct 29, naming tx 0x53bd…e2f3, then added hot wallets 14, 16, 34 and Tether dumping as malicious post. That tx alone moved about $1.61B USDT plus RLUSD, wBETH and other tokens from Binance Hot Wallet 0x28C6…21d60 to 0x5227…B2f8c.

CZ said it does look like a hack on Binance, thanked Tether (~$971m) and Circle (~$823m) for quick freezes, and as shareholder expects full user coverage post. Trackers report Tether froze over $1.567B and Circle froze $823M USDC linked to the hack.

BNB is quoted at $710.23 on Binance spot, down 6.06% in 24h, with similar $709-$711 across venues.