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Covered by 3 outlets — first reported by BleepingComputer, Oct 29, 22:45 UTC

Binance probes potential $5.8 billion crypto-theft hack

Summary

Cryptocurrency exchange Binance is investigating a potential security breach involving up to $5.8 billion in digital assets, which BleepingComputer says could become the largest cryptocurrency hack in history. Security Affairs reports that billions of dollars in cryptocurrency moved from wallets linked to the exchange on October 29, and that Tether and Circle froze $1.79 billion in stablecoins linked to the activity. Neither outlet says yet whether a hack is confirmed.

AI summary by the SecurityTabs newsroom, checked against BleepingComputer, Security Affairs. Read the outlets below for the full story.

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3 outlets, in the order they reported it.

  1. BleepingComputerFirst report

    Binance probes potential $5.8 billion crypto-theft hack

    Cryptocurrency exchange Binance is investigating a potential security breach involving up to $5.8 billion in digital assets, in what could become the largest cryptocurrency hack in history.

    Read at BleepingComputer Details

  2. Security Affairs

    Binance Investigates Suspicious Crypto Transfers Worth Up to $5.8 Billion

    Binance probes suspicious crypto transfers worth up to $5.8 billion as Tether and Circle freeze $1.79 billion in stablecoins linked to the activity.

    Read at Security Affairs Details

  3. The Hacker News

    Binance Suffers Security Breach Affecting $6.3 Billion in Assets, Nearly $3 Billion Frozen

    Cryptocurrency giant Binance said on Thursday that a "security incident" on its platform has impacted about $6.3 billion worth of assets.

    Read at The Hacker News Details