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Massive Binance Hack: $6.3 Billion Hit, $3 Billion Frozen

Massive Binance Hack: $6.3 Billion Hit, $3 Billion Frozen

Photo: Bitcoinist

TLDR The Binance hack affected an estimated $6.3 billion in cryptocurrency , exceeding the scale of the $1.5 billion Bybit theft in February 2025. Binance said approximately $3 billion had been frozen on-chain through coordination with blockchain partners. The exchange announced a temporary suspension of deposits and withdrawals while teams carried out security checks and worked with law enforcement. Initial findings point to a compromised employee laptop , while Binance pledged to cover losses and said it found no evidence of leaked wallet private keys.

Also reported by CryptoNewsLand, Cointribune, TheCoinrise, U.Today and 1 more.

Source: Bitcoinist

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