Crypto exchange suspends operations after hack and froze assets worth more than $2.5 bn

11:57 - 30.10.2026


October 30, Fineko/abc.az. Hackers have hacked the Binance crypto exchange - the damage is estimated at $6.3 billion.

According to preliminary data, the criminals managed to compromise the personal laptop of one of the company's employees, which allowed them to gain access to the service container and initiate withdrawal transactions. The company stressed that there are no signs of leakage of private keys from users' wallets and no impact on their funds.

After the information about the hack, the exchange canceled the authorization of the affected address, suspended all withdrawal and deposit operations, and froze part of the affected assets – more than $2.5 bn.