Massive Cyber Attack on Binance Puts Billions at Risk as Hackers Target Hot Wallets

Massive Cyber Attack on Binance Puts Billions at Risk as Hackers Target Hot Wallets

Global cryptocurrency exchange <b>Binance</b> faced a massive cyber attack on <b>October 29</b>, putting digital assets worth billions of rupees under severe threat from hackers. The breach targeted the platform's hot wallets, raising serious questions about the security measures of world-class crypto institutions and digital asset management systems. Investors and daily traders must exercise extreme caution, secure their personal accounts with two-factor authentication, and monitor platform updates closely to avoid unexpected financial losses.

By News Desk • 11/2/2026
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