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Binance Suspected Theft Exceeds $5.8 Billion, Approximately 40% Already Frozen

Oct 30, 06:24

On October 30, according to the latest statistics released by Lookonchain at 06:21 Beijing Time, the assets involved in the suspected Binance hack have exceeded $5.8 billion.

Approximately 1.58 billion USDT and 823 million USDC have been frozen, totaling around $2.41 billion, meaning roughly 40% of the involved assets have been frozen by the stablecoin issuers.

previously reported that Decrypt estimated the incident involved at least $5.57 billion in assets distributed across three public chains; Binance stated earlier that it was investigating potential security issues and had not yet confirmed whether user funds were affected. The above figures are based on statistics from on-chain monitoring agencies, and final numbers are subject to official disclosure by Binance. TechFlow will continue to follow this development.

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