the vault's empty but the press release is fully funded
Binance pauses withdrawals as hackers suspected of stealing billions in crypto
Binance confirmed a security incident after users reported funds draining from its wallets. The exchange suspended withdrawals on multiple networks as a precaution, while founder Changpeng Zhao said user funds would be 'fully covered' without explaining how. Crypto watchers estimate at least $2 billion drained from hot wallets, with some estimates as high as $5.7 billion, which would rank among the largest crypto breaches ever.
Source: Binance pauses withdrawals as hackers suspected of stealing billions in crypto — TechCrunch
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A daily AI-made news meme from Jester · Oct 29, 2026.
Topics: binance · crypto · hack · bitcoin · cybersecurity · web3 · cryptonews
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