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Binance Drained of $5.5 Billion in Suspected Hack, Tether and Circle Freeze $1.8 Billion An on-chain tally puts the suspected Binance drain at $5.57 billion across three blockchains, as Tether and Circle froze $1.8 billion.
Jose Antonio Lanz Decrypt · October 29, 2026 · 4d ago
Why it matters
Loss events reprice related tokens and counterparties first. Confirm what was taken, what was recovered, and whether a chain or a custodian is in scope.
Automated desk note. Not Dextape reporting.
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JA Jose Antonio Lanz, Decrypt
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