Daily Market Updates: Binance investigating hack as suspicious outflows reach up to $5.8 billion

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At close · Wed, Oct 28, 2026

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Binance investigating hack as suspicious outflows reach up to $5.8 billion

Reported · Written up by our desk · Bitcoin

Tether and Circle froze $1.79 billion in USDT and USDC after billions moved out of Binance hot wallets. Binance says it is investigating.

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Sources

The BlockBinance investigating hack as suspicious outflows reach up to $5.8 billion

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