Binance may have been hacked, with $3.5 billion reportedly drained from its wallets

The world's largest cryptocurrency exchange, Binance, may have been hacked, with approximately $3.5 billion reportedly withdrawn from its wallets. The outflow was detected across five blockchains, according to preliminary reports from Russian Telegram channels, though the information remains unconfirmed. Initial reports cited an outflow of $2.77 billion, which quickly grew to over $3.5 billion. The suspected breach involves the exchange's hot wallet, but no official confirmation has been provided, and the reasons for the fund movements are currently unknown. Media reports indicate the cryptocurrency market is declining in response to the news, with Bitcoin and other digital assets falling sharply. The story is still developing.