Company Update
Binance suffers $5.6 billion hot‑wallet hack
Binance reported a major hot‑wallet breach on October 29, 2026, with approximately $5.5‑$5.6 billion in assets across multiple networks stolen. Over $2.5 billion of the funds were frozen by Tether, Circle and other platforms. Binance paused deposits and withdrawals, pledged to cover user losses, and is investigating a possible private‑key or signing compromise. The attack involved an EIP‑7702 transaction on Ethereum and affected BTC, ETH, USDT, USDC and other tokens.