If the reported losses are confirmed, this incident would surpass Bybit’s $1.5 billion hack in 2025 and the Ronin Network’s $625 million exploit in 2022
The scale of the alleged breach is staggering, with billions in crypto reportedly involved and Tether and Circle freezing substantial amounts of USDT and USDC linked to the incident.
Binance says it is investigating and has stated that no impact on user funds has been confirmed so far.
The next update from Binance could be critical for market confidence.
$HYPE
$BNB
$USDC
The scale of the alleged breach is staggering, with billions in crypto reportedly involved and Tether and Circle freezing substantial amounts of USDT and USDC linked to the incident.
Binance says it is investigating and has stated that no impact on user funds has been confirmed so far.
The next update from Binance could be critical for market confidence.
$HYPE
$BNB
$USDC
