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Binance investigates suspected breach involving up to $5.8 billion in crypto assets

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is investigating a potential security breach involving up to $5.8 billion in digital assets, which says could become the largest cryptocurrency hack in history. reports that $3 billion in assets has been frozen, that investigators are tracing the funds, and that the exchange says user funds are safe. The articles describe the incident as suspected or potential, and neither gives details of how it happened.

For IT people · Written by AI from 2 sources · Wrong?

What to do

  1. If you have an account with the company, change that password, and anywhere you used the same one.
  2. Turn on two-step sign-in where you can.
  3. Expect scam emails and texts that mention the breach: contact the company yourself, not through links.

General advice for this kind of story

Full story timeline · 2 updates

  1. Thu 29 OctoberBinance probes potential $5.8 billion crypto-theft hackBleepingComputer
  2. Fri 30 OctoberBinance Probes Suspected $5.8 Billion Crypto Hack, $3 Billion FrozenHackRead

Who reported · 2 outlets

BleepingComputerHackRead

Who and what is in it

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