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Hyderabad News

The Economic Times

Hyderabad / The Economic Times

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Global Market: Binance breach rekindles fears over cryptocurrency security

A reported $6.3 billion breach at Binance, described as the largest crypto heist on record, has renewed concerns about digital-asset security. Binance has located about $3 billion in affected assets and pledged to cover losses. The incident joins major attacks on Bybit, Ronin Network, Wormhole and other platforms, highlighting persistent vulnerabilities across exchanges, wallets, blockchain bridges and DeFi services.

30 Oct 2026 2:00 pm