Cryptocurrencies
Bitcoin drops more than 4% after a massive crypto breach that could be the industry’s largest hack to date
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
LORRETTA CHEN
October 30, 2026 11:35 JST
Updated on October 30, 2026 15:19 JST
HONG KONG – Binance has temporarily suspended all withdrawals and deposits worldwide after a major hacking incident on Friday, estimating the loss at roughly $6.3 billion, which is understood to be the largest breach in crypto history.
