Binance freezes billions amid suspected security breach
The short version
- Binance said it had frozen $3 billion in crypto assets as it investigated a potential security breach.
- Tether and Circle froze billions of dollars’ worth of their coins as the world’s largest crypto exchange investigates a security issue.
- The company vowed to cover all losses related to the incident.
- Binance's founder said the exchange appears to have been hacked.
Does this story matter to you?
Coverage compared
Left · 4
Centre · 6
How coverage grew
First reported by Daily Mirror Binance ‘hacked’ as $2.7bn ‘drained’ from wallets on crypto exchange – live
TechCrunch Binance pauses withdrawals as hackers suspected of stealing billions in crypto
Sky News Crypto worth billions frozen over ‘potential security issue’
New York Post Binance founder says crypto exchange may have been hacked — leading to firms freezing over $2B
All 14 articles
- The Hill, centrePotential Binance ‘hack’ forces crypto firms to freeze $3 billion
- CTV News, centreBinance’s possible hack triggers US$3 billion freeze in crypto assets
- Toronto Sun, right-leaningCrypto platform Binance confirms major hack, more than $2.5B in funds frozen
- The Times of India, right-leaningWorld’s largest crypto exchange Binance freezes $2.54bn after suspected hack
- Financial Times, centreBinance temporarily suspends withdrawals after apparent hack
- BBC News, centreCrypto giant Binance freezes $2.5bn of assets over suspected hack
- DW, centreBinance crypto platform suspends trades amid suspected hack
- The Australian Financial Review, right-leaningBinance freezes $3.5b after suspected massive hack
- Al Jazeera English, left-leaningBinance says $2.54bn in crypto funds frozen amid ‘potential security issue’
- The Guardian, left-leaningWorld’s largest crypto exchange investigating reports of potential hack