💻 Technology 1h ago · Anjali Jain

Binance Hit By Record $6.3 Bn Crypto Breach, Suspends Withdrawals

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Binance Hit By Record $6.3 Bn Crypto Breach, Suspends Withdrawals
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Cryptocurrency exchange Binance has reported a security breach affecting an estimated $6.3 Bn in assets, in what appears to be the largest crypto heist on record. The exchange said it has worked with blockchain partners to freeze around $3 Bn on-chain.

Binance has temporarily suspended withdrawals while it completes security checks. It has also revoked the affected address authorisation and engaged law enforcement and blockchain intelligence firms to trace and recover funds. Withdrawals are ex

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