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Binance reports 'potential security issue' as stablecoin issuers freeze millions in funds

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Binance reports 'potential security issue' as stablecoin issuers freeze millions in funds

Jasmine Lee

Sports Reporter · Austin, TX

Jasmine Lee has spent the last 6 years reporting on high school and college sports in Central Texas. A graduate of UT Austin, she was previously with the Austin Chronicle and is passionate about showcasing the talent within the community.

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Sports Reporter · Thursday, October 29, 2026 at 11:47 PM · 1 min read

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Binance reports 'potential security issue' as stablecoin issuers freeze millions in funds — New Braunfels Community news

LOS ANGELES (AP) — Binance, the world’s largest cryptocurrency exchange, said Thursday it’s investigating reports of a potential security issue as its founder said the incident “does look like a hack on Binance.” It wasn’t immediately clear the extent of the damage hackers might have been able to accomplish and Binance had not explicitly confirmed [...]

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