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Data: Outflows in suspected Binance breach may reach $5.6 billion, involving Bitcoin and Tron

Oct 30, 05:36

October 30 – According to The Block, on-chain estimates show that approximately $5.8 billion in total funds moved out of Binance wallets in the suspected theft incident. Separately, on-chain data statistics show that as of 5:22 Beijing time, roughly $5.643 billion in assets related to Binance-labeled wallets had flowed out, including $3.528 billion on Ethereum, $1.449 billion on Bitcoin, $628 million on Tron, and $38 million combined on Arbitrum, Optimism and Base; Tether and Circle have frozen at least $2.316 billion in stablecoins. Binance has not yet confirmed a hack and says user funds are completely safe.