Binance is investigating a security incident after large outflows from its Ethereum hot wallets on Oct 29, with estimates between $2.8B and $3.3B. Tether and Circle froze about $1.79B in stablecoins, which shows how issuer controls can limit the damage. Binance says user funds are safe and has paused withdrawals on some networks. The cause is unconfirmed, though reports point to an EIP-7702 exploit. I'm watching official updates and the reaction in $BNB , $ETH and $BTC . #Binance #CryptoSecurity