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CZ: User funds are safe; Binance suspected of being hacked.

BlockBeats news, October 30th: Binance founder CZ stated in a post that user funds are secure, and it currently appears that Binance has indeed suffered a hacker attack.

He thanked Tether and Circle for their swift freezing measures, which froze approximately $971 million in USDT and $823 million in USDC, respectively. CZ also mentioned that he is no longer managing Binance's official website operations but, as a shareholder, he expects all user funds to be fully protected.

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On-Chain Activity

50min ago

Binance wallet-related asset outflows reached $5.643 billion, with Tether and Circle having frozen $2.316 billion in stablecoins.

7h ago

How Are the Long and Short Whales Positioned After HYPE's Surge? The Largest Short Seller Remains in a Position Over $50 Million After Stopping Losses of Nearly $1 Million

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A certain whale opened a long position worth $14.3 million in Google, with an average entry price of $283.01.

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A certain whale increased their short position in GOOGL by as much as $8.63 million, bringing the total position to approximately $11.22 million.

24H Important News

2026-10-30

Binance: Investigating potential security issues, user funds are completely safe

Binance hot wallet sees another outflow of 200 million USDT, Tether swiftly freezes it.

Binance wallet-related asset outflows reached $5.643 billion, with Tether and Circle having frozen $2.316 billion in stablecoins.

Tether has frozen over $1.567 billion in USDT, suspected to be linked to stolen assets from Binance.

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