Binance hack drained wallets backing customer assets, reserve data shows
CoinDesk · Fri, 30 Oct 2026 00:17:10 GMT
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Excerpt from CoinDesk: “Binance’s own reserve data lists the drained wallets as backing customer balances, leaving its ether backing an estimated 6% short until the exchange replaces what was stolen.”
Rule-based headline sentiment: Neutral
More Crypto headlines
Binance hack drained billions through private key ‘misuse’: Blockaid CEO— CointelegraphBinance hack rattles markets as BNB falls 8%, Bitcoin nears $77K— CointelegraphTampered Ledger reported in Singapore a month before news broke: Asia Express— CointelegraphLive updates: Binance says $3B in crypto frozen in connection to hack— Cointelegraph
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