Following the Binance exploit, $911 million of stolen funds were converted from Tether (USDT) into Ether (ETH) and TRON (TRX), effectively moving these assets beyond Tether's freezing mechanism. Separately, $2.8 billion worth of stolen assets have been frozen as part of the response to the hack. The $911 million figure represents the amount converted into other cryptocurrencies, while the $2.8 billion reflects the total value of stolen assets currently frozen. This distinction highlights ongoing efforts to track and control stolen funds after the Binance incident.
The Binance exploit involving $911 million in converted funds provides context for cryptocurrency market activity. For readers following crypto markets, here is Pluang's snapshot as of Oct 30, 2026 11:21 WIB: out of 50 major cryptocurrencies, 5 rose and 44 fell today. Notable movers include THETA down 9.17% at Rp2.861 with a typical hold time of 78 days, ENJ down 8.65% at Rp414 with 94% buy order activity, and BAT down 8.60% at Rp2.315 with 86% sell order activity.
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About 18,270 Bitcoin valued at roughly $1.4 billion was taken from Binance, but converting these coins into cash quickly may be difficult. Challenges include fewer mixing services able to handle large transfers, strict identity checks by centralized ...
In Juilly, France, a family was attacked after masked men believed the father held 660 Bitcoin due to a tax return error and leaked information. The attackers beat the father and demanded access to his crypto wallets, which actually contained only ab...
On October 30, an unidentified wallet transferred 172,175,782 Tether (USDT), worth approximately $172 million, to the cryptocurrency exchange OKX. The source of the transfer remains unknown, which could indicate a large investor or institution moving...
