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Business

Crypto platform Binance confirms major hack, more than US$2.5 billion frozen

Katherine Langford
Katherine Langford
Katherine Langford
Editor-in-Chief · Edina, MN

Katherine oversees editorial operations across all six brands. Before joining The Meridan Group, she spent 14 years at the Minneapolis Star Tribune, where she led the metro desk through its digital transformation. She holds a Master's in Journalism from Northwestern's Medill School.

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Editor-in-Chief · Friday, October 30, 2026 at 1:45 AM · 1 min read
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Crypto platform Binance confirms major hack, more than US$2.5 billion frozen — Singapore Business news

The company posted a series of sometimes contradictory messages on X, insisting that "user funds are completely safe" but also saying it would "cover all losses".

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