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EconomyBinance says $2.54bn in crypto funds frozen amid ‘potential security issue’

Binance said at least $2.54bn in funds had been frozen while it investigated a “potential security issue”, and suspended deposits and withdrawals as a precaution. The exchange said users’ funds were safe. Founder Changpeng Zhao said it appeared Binance had been hacked; Bitcoin fell about 5 percent, below $77,000, after the incident.

BinancecryptocurrencycybersecurityBitcoin

AAl Jazeera★★★☆☆2026-10-30 00:29Original

Binance says $2.54bn in crypto funds frozen amid ‘potential security issue’
Binance says $2.54bn in crypto funds frozen amid ‘potential security issue’Economy