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Otherâ–Ľ Bearishâ—Ź Important

Binance Hit by Record $6.3B Crypto Hack, $3B Frozen So Far

TradingGain NewsroomTradingGain Newsroom··30 Oct 2026, 16:49 UTC

Binance suffered a record $6.3 billion crypto hack, which was tracked from the first onchain alerts. About $3 billion in funds has been frozen, and the security investigation is still widening. For traders, a breach this large at a major exchange may weigh on confidence in crypto markets.

Why it matters

  • The $6.3 billion loss is described as a record for a crypto hack.
  • About $3 billion in stolen funds has been frozen so far.
  • The security investigation is still widening, so more details may emerge.

What to watch next

Watch for updates on the widening security investigation and any further freezing of funds, since both could shape sentiment around Binance and the wider market.

This brief is written by TradingGain from public reporting by Cointelegraph.Read original ↗
Binance Hit by Record $6.3B Crypto Hack, $3B Frozen So Far
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TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.