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$5.57B stolen from Binance-linked wallets in possible record crypto hack; investigation ongoing.

Market News
30 Oct 2026, 00:36 WIB
Decrypt
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Bearish
$5.57B stolen from Binance-linked wallets in possible record crypto hack; investigation ongoing.

At least $5.57 billion in cryptocurrency was moved out of Binance-linked wallets across Ethereum, Bitcoin, and Tron blockchains in what appears to be a major security breach. Binance has not confirmed a hack but is actively investigating the potential security issue and has not found confirmed impact on user funds yet. Tether and Circle froze about $1.8 billion in stablecoins linked to the incident to prevent further movement. This could be the largest crypto hack on record, surpassing previous incidents, and has caused Bitcoin and Binance's token BNB to drop sharply while privacy coin Monero rose amid the turmoil. Authorities and issuers are coordinating to track and contain the breach.

Binance Coin (BNB) shows a market cap of Rp1.697,36 trillion and a 24-hour trading volume of Rp61,36 trillion on Pluang as of Oct 30, 2026 04:51 WIB. Despite the reported $5.57 billion movement from Binance-linked wallets, BNB is down 6.25% in the last day on Pluang, while Tether (USDT) maintains a stable price with a slight 0.25% increase and a market cap of Rp3.276,61 trillion. The platform's order activity indicates more selling pressure on BNB at 63% sell versus 37% buy, reflecting cautious sentiment among investors.

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