Binance is working with the FBI and U.S. Secret Service after hackers stole $6.4 billion from the exchange, according to Reuters. Circle froze about $823 million in USDC linked to the attack, while Tether froze $975.1 million in USDT according to the article's summary, though the detailed section cites about $1.5 billion. Blockchain firms TRM Labs and Chainalysis attributed the theft to TraderTraitor, a North Korea-linked group also tied to the $1.5 billion Bybit hack. CEO Richard Teng said Binance has reserved more than $6.34 billion to cover the stolen assets, with about $3 billion already located or frozen, and withdrawals remain suspended with a resumption targeted for Sunday.
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Keywords
cryptocybersecurityBinancestablecoins
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Related tickers and likely impact
BNB/USDT
▼ Likely negativeBNB
Relevance: high
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Exchange tokens |
| Market cap | $97.5B |
| Close on 10/29/2026 | 698.46 |
| Change that session | -8.08% |
BTC/USDT
• NeutralBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/29/2026 | 77,991.89 |
| Change that session | -4.12% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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