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Binance halts all deposits and withdrawals, about $3 billion frozen

Binance has suspended all deposit and withdrawal operations as part of an investigation into a security incident.

The Baku NEWS·30 October 2026 at 05:39 (Baku time)
Binance halts all deposits and withdrawals, about $3 billion frozen

Binance, one of the world's largest cryptocurrency exchanges, has suspended all deposit and withdrawal operations as part of an investigation into a security incident.

According to the exchange, the total amount frozen after the suspension of operations is about $3 billion.

Binance said users' funds are safe and that it continues to work with law enforcement agencies and industry intelligence firms to trace and freeze additional assets.

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