Suspected Binance hack may have drained roughly $5.6B in crypto

On October 29, a post citing FinanceFeeds said trackers estimated that a suspected Binance hack drained roughly $5.6 billion in Bitcoin, Ethereum and Tron. It said Binance was investigating, had not confirmed user-fund losses and that markets were reacting with liquidations and price drops. Another post claimed more than $5.6 billion was stolen and called it crypto’s largest hack; the FinanceFeeds-citing post said that record would depend on confirmation.