# Binance Hack Suspected: $5.8B Drained in 40 Minutes

https://www.tftc.io/binance-suspected-hack-5-billion-outflows-stablecoin-freeze

On-chain data shows up to $5.8B drained in 40 minutes. Wallets labeled as Binance hot wallets transferred funds to new addresses. Binance has not confirmed a breach or released audit details.

Image: https://storage.ghost.io/c/77/f7/77f78434-a11f-4803-9c04-b15aaa2a8e69/content/images/2026/10/binance-suspected-hack-5-billion-outflows-stablecoin-freeze.jpg

#cryptocurrency #onchain #hack

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Canonical URL: https://qwibbit.com/q34208

Created: 2026-10-29T23:06:53.102396+00:00

Last edited: 2026-10-29T23:06:53.102396+00:00

Board: 3

Origin: Syndicated

Original source: https://www.tftc.io/binance-suspected-hack-5-billion-outflows-stablecoin-freeze