CZ: Binance appears to have been hacked, approximately $1.794 billion in stablecoins have been frozen.

PANews October 30 news: Binance founder CZ posted on X platform that user funds are safe, and this indeed appears to be a hack targeting Binance, thanking Tether (approximately $971 million) and Circle (approximately $823 million) for quickly freezing the related funds. CZ stated that he no longer manages Binance.com, but as a shareholder, he expects all user funds to be fully covered. Previously, Binance officially stated that it is investigating potential security issues and has not yet confirmed that user funds were affected.

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