Binance may have been hacked: reports of $3.6bn withdrawal

Binance may have been hacked: reports of $3.6bn withdrawal
Binance may have been hacked: reports of $3.6bn withdrawal

Reports of possible Binance hack: cryptocurrencies fall

Information about a possible hack of the cryptocurrency exchange Binance is spreading on social media. According to these reports, assets worth over $2.5bn were allegedly withdrawn from a hot wallet across five blockchains.

Against the backdrop of these reports, participants in the cryptocurrency market are observing a sharp drop in the prices of digital assets. It has been ongoing for several hours, and the value of bitcoin has fallen to the mark of $78,000.

At the time of publication, a total of $3.6bn had already been withdrawn from the exchange.

Tether froze nearly $1bn in USDT due to the probable hack of Binance.

An anomalous withdrawal of 195,000 ETH was made from the Bybit exchange.

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