Binance suspends withdrawals after $3.3‑$3.5 bn drains from Ethereum hot wallets
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Binance stopped all cryptocurrency withdrawals on October 29, 2026. This action followed a suspected hack involving Ethereum hot wallets. Between $3.3 billion and $3.5 billion was moved from these wallets. The company told users that their balances are still safe.
Binance halted all crypto withdrawals on 29 Oct 2026 after a suspected hack moved between $3.3 bn and $3.5 bn from its Ethereum hot wallets, while assuring users their balances remain safe.