Nordic Cryptosince 2026
SubscribeJoin on TelegramFollow on XFollow on FacebookWatch on YouTubeSource code
Choose language: English

Binance halts withdrawals after possible major hack

Original title (Norwegian): Binance stanser uttak etter mulig rekordhack

Binance paused withdrawals on 29 October 2026 while investigating a security incident, and later stopped all deposits and withdrawals. Estimates of the possible losses range from about 5.8 to 6.3 billion US dollars, depending on the source: Investornytt cites about 5.8 billion in wallets labelled by Arkham, while VG and B.T. report 6.3 billion; the figures are not confirmed. Binance says user funds are safe and that it will cover all losses, and its preliminary findings point to a compromised employee computer that gave access to a service container, with no evidence that private keys were leaked.

Read at Investornytt

Primary source: Binance on X (29–30 Oct 2026)

Outlets covering this story 9

Norway 3

Sweden 3

Denmark 1

Finland 2

By country

Norway3
Sweden3
Denmark1
Finland2

By source type

National9

Summaries are our own, written in English from the headline and the public teaser. We do not reproduce article text and we do not get around paywalls. Stories marked “may require a subscription” are from outlets with a paywall. The headline is in the language of this page. When the source wrote it in another language, that headline is shown underneath. Nothing here is investment advice.