SingaporeChainalysis has confirmed at least $5.9 billion stolen from Binance.
Binance held about $144 billion before the breach and says it will cover all losses.
Stablecoin issuers Tether and Circle froze over $2.3 billion, but bitcoin has no issuer to freeze it.
Binance says the breach began on a DevOps engineer’s laptop, giving the attacker access to a service container.
Deposits and withdrawals stay suspended until Binance finishes its security checks.
How each outlet framed it
drawn from 550+ reports worldwide
- Reuters
- gives the freezing figure as $3B of an estimated $6.3B, with analysts' view that the attack could be the largest crypto heist
- Hindustan Times
- attributes the breach to a DevOps engineer's laptop that let an attacker submit unauthorised withdrawals from a service container
- Al Jazeera Online
- reports the frozen total at $2.54B and quotes Zhao's shareholder pledge that all user funds will be covered
- South China Morning Post
- reads the breach as signing and authorisation failure rather than a smart-contract exploit, citing ViaBTC's Jeff Ko on AI-era exchange risk
- Daily Maverick
- foregrounds BNB's 8% drop to $694 alongside stablecoin issuers Circle and Tether freezing linked assets
Sources: Reuters, Hindustan Times, Al Jazeera Online, South China Morning Post, Daily Maverick