CZ Says Binance User Funds Are Safe as Exchange Suspects Hack

CZ said Binance users’ funds were safe and that the exchange appeared to have suffered a hack, according to a BlockBeats report.

Conditional account

The report presented the hack assessment as an early view rather than a confirmed incident. It also said CZ no longer manages Binance’s website operations but remains a shareholder. No original CZ post or Binance announcement was independently retrieved for this brief.

Related freeze reports

The flash referred to separate reports about Tether and Circle freezing stablecoins allegedly linked to the suspected outflows. Those amounts and their connection to Binance remain unverified, so they are not restated here as confirmed losses.

Source: BlockBeats report, published October 30, 2026 (China time).