Hackers steal $6.3 billion from Binance in record crypto heist

Elliptic verified $2.8 billion frozen, mostly USDT and USDC, while Binance says private keys were not breached.

Binance halted withdrawals after a theft reported at $6.3 billion. Co-founder Yi He said withdrawals should resume within 48 hours, and the exchange said it found no evidence that private keys were breached. Tether froze about $1.5 billion of USDT and Circle froze $800 million of USDC amid reports of a potential exploit. Elliptic called it almost certainly the largest theft of any kind and said the unfrozen remainder was moved into assets such as ETH.

Unconfirmed: The $6.3 billion total comes from the report; Circle cited only reports of a potential exploit, and Binance denied a private-key breach.