Binance Hack: Market event

Binance has confirmed a major security incident, with more than $2 billion drained across wallets. Circle and Tether have reacted quickly to freeze the majority of the funds. The concern centers on an Ethereum address that appeared to hold more than $2.3 billion in tokens. Etherscan screenshots reviewed by BeInCrypto show it received 28,005.6 ETH The post Binance Hack: $2 Billion Drained, Circle and Tether Freeze, Crypto Markets React appeared first on BeInCrypto .

Evidence boundary

Confidence describes the coverage of the available evidence. It is not a safety rating and does not guarantee that a protocol or asset is safe.

Sources

• https://beincrypto.com/binance-hack-circle-tether-freeze-hot-wallets/
• https://crypto-economy.com/potential-binance-hack-sparks-alarm-after-billions-in-crypto-are-moved/

Record history

First seen: 2026-10-29T20:49:00.000Z. Last updated: 2026-10-30T00:15:34.333Z. Revision: 1.