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Microprocessors & Hardware · 30/10/2026 09:08 UTC

Binance suspends withdrawals and freezes funds amid $6.3bn hack

Bitcoin price falls over 4% after announcement; crypto hack could be largest ever Binance said it could freeze additional funds as it works with law enforcement…

Bitcoin price falls over 4% after announcement; crypto hack could be largest ever Binance said it could freeze additional funds as it works with law enforcement agencies, token issuers, blockchain intelligence firms and other industry partners to trace and freeze additional assets. © Reuters HONG KONG -- Binance said it has temporarily suspended all withdrawals and deposits after a major hacking incident on Friday involving an estimated $6.3 billion.

Source: Nikkei Asia Tech

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