Binance hack.

First reported Oct 29, 2026, 22:20 UTC

Source reports

Binance hack. We have seen$4.69 billion in outflows in the last three hours, on assets that we track. Largest outflows: - USDT (ERC20), $1.7 billion or 4.8% of USDT reserves. - Bitcoin $1.46 billion or 2.7% of BTC reserves. - USDC $0.8 billion or 19.9% of USDC reserves. - ETH… — @jjcmoreno (X), Oct 29, 2026, 22:20 UTC
Early estimate from CZ points to a hit slightly above $1B, though Binance insists they will absorb the entire loss out of their own balance sheet to protect user balances. Co founder He Yi stepped into damage control immediately, confirming that off ramps are frozen until… — @TheVictorBuilds (X), Oct 30, 2026, 00:50 UTC

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