If confirmed stolen, the amount would far exceed the $1.5 billion stolen from Bybit by North Korean hackers in February 2025, the largest confirmed crypto heist on record. The suspected breach has already prompted stablecoin issuers Tether and Circle to freeze more than $2.3 billion in assets associated with the incident.
In a statement to BleepingComputer, a Binance spokesperson confirmed that the exchange was investigating reports of a potential security issue while reassuring customers that their funds were safe. "Our teams are aware of reports of a potential security issue and are actively investigating.
Rest assured that user funds are completely safe," the spokesperson told BleepingComputer. "Our security teams are reviewing all relevant information with urgency, and we will provide updates through official Binance channels as soon as we have verified information." Binance also warned customers to remain cautious of scams and avoid unofficial links, messages, or requests for account information.
