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Markets

Binance Pauses Withdrawals as It Investigates Suspected Hack

Binance has suspended withdrawals on several blockchain networks while it investigates a suspected security breach, after on-chain trackers flagged billions of dollars flowing out of its hot

AnonymousCryptoCompass newsroom
October 30, 2026
1 min read
NEWS
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Binance has suspended withdrawals on several blockchain networks while it investigates a suspected security breach, after on-chain trackers flagged billions of dollars flowing out of its hot wallets on Thursday.

“We are aware of reports of a potential security issue and are actively investigating,” the exchange said. It added: “Rest assured that user funds are completely safe.”

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