Why is Binance trending?

Updated 30/10/2026, 03:09:02 UTC

The coverage

BusinessBBC Business·7m ago2 outlets

Binance says crypto worth $6.3bn impacted in suspected hack

The firm said roughly $3bn in assets have been frozen and that it will 'cover all losses'.

BusinessCNBC·7m ago

Biggest-ever crypto hack impacts $6.3 billion as Binance works to contain fallout

Binance estimated the impact of a security incident at $6.3 billion, with around $3 billion in crypto assets frozen, and pledged to cover all losses.

WorldAl Jazeera·3h ago

Binance says $3bn in crypto funds frozen amid ‘potential security issue’

Binance founder says world's largest crypto exchange appears to have been hacked.

TechnologyTechCrunch·5h ago

Binance pauses withdrawals as hackers suspected of stealing billions in crypto

Some estimates say hackers stole billions in crypto from Binance, the world's largest cryptocurrency exchange, during a cyberattack on Thursday.

This explainer is written from the reports listed above. Follow any headline for the original coverage.