Phyrex
Phyrex|Oct 29, 2026 21:33
Following the suspected theft, both @cz_binance and @heyibinance publicly stated the security of user funds. According to current information, @binance is suspected of having approximately $2.53 billion stolen, of which $971 million and $823 million have already been frozen by Tether and Circle respectively, reducing the loss by approximately $1.794 billion. If the stolen amount does not continue to increase, the actual loss may be less than $736 million. This loss is not considered crippling for Binance. In 2025, Bybit suffered a theft of approximately $1.46 billion, roughly equivalent to a year's revenue, so the impact on Binance would be relatively smaller.
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