The Aporia · Binance founder says crypto exchange may have been hacked

Binance founder says crypto exchange may have been hacked — leading to firms freezing over $2B

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Reuters. (2026, October 29). Binance founder says crypto exchange may have been hacked — leading to firms freezing over $2B. New York Post. https://nypost.com/2026/10/29/business/binance-founder-says-crypto-exchange-may-have-been-hacked/

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Binance founder Yi He reported on X that the company is investigating a potential security issue, leading firms like Circle and Tether to freeze over $2 billion in stablecoin currency. Specifically, Circle froze over $800 million and Tether nearly $1.57 billion, while Ripple froze around $200 million. Binance reassured users their funds were safe but emphasized the urgency of the investigation.

Written by AI on 2026-10-31, from this article's own text only (the story summary below draws on all the coverage).

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As of November 1, 2026, Binance, the world's largest cryptocurrency exchange, has resumed withdrawals for some major cryptocurrencies like Bitcoin and Ethereum after covering approximately 95% of the $6.3 billion in tokens stolen from its platform on October 29. The FBI attributed the theft to North Korea. In response to the hack, Tether and Circle, which issue stablecoins, had frozen over $1.5 billion and roughly $2 billion respectively. Binance assured users their funds were safe and would cover all losses with company assets. The extent of damage from hackers was significant, surpassing the previous largest crypto theft in February 2025 by the North Korean-linked Lazarus group, which stole around $1.5 billion from ByBit.

Written for “FBI Blames North Korea for Binance Hack” on 2026-11-01, grounded in this article and the 64 other(s) covering the same event.

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Reuters

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Claims (6 extracted, 2 hedged)

Binance founder says crypto exchange may have been hacked — leading to firms freezing over $2B By uncertain

firms → say → ?

ET Circle and Tether on Thursday froze over $2.38 billion in stablecoin currency after Binance said it was actively investigating a potential security issue. asserted

it → freeze → issue

Binance, the world’s largest cryptocurrency exchange, said in a post on X its teams were reviewing all relevant information with urgency and added that user funds were safe. Crypto firm Ripple had frozen roughly $200 million, Binance co-founder Yi He said on X. Tether, which issues the world’s largest stablecoin, said it froze nearly $1.57 billion related to the hack, with Circle freezing over $800 million. Circle, another stablecoin issuer, is closely tracking reports of a potential exploit involving Binance, its co-founder and CEO Jeremy Allaire wrote in a post on X, adding that it will continue supporting the investigation. asserted

it → say → investigation

Binance has over 335 million registered global users, according to its website. uncertain

Binance → have → website

Crypto exchanges such as Binance are platforms where people buy, sell or trade digital assets. asserted

people → buy → assets

Binance.US, a separate cryptocurrency exchange, said it was not affected by the security incident. asserted

it → say → incident

Binance founder says crypto exchange may have been hacked — leading to firms freezing over $2B

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Claims (6 extracted, 2 hedged)