Hackers stole $6.3 billion in cryptocurrency from Binance in a record-breaking heist, prompting issuers to freeze roughly half of the stolen assets. The breach, which US analysts suspect was done...
Oct 29 - Binance, the world's largest cryptocurrency exchange, said a security breach had resulted in an estimated $6.3 billion impact that analysts said could amount to the biggest crypto heist...
Binance said in a statement that the estimated impact of the hack was around $6.3 billion and the incident might involve a compromised DevOps engineer's laptop.
Neither the company nor industry observers offered any explanation as to how the cyberattack might have occurred.
The market impact of the possible hacking, which could be the largest-ever crypto heist according to analytics firm Chainalysis, was felt immediately in early Asian trading on Friday
Binance is investigating a suspected $6.3-billion security breach, saying a compromised DevOps engineer's laptop may have enabled unauthorised withdrawals.
Binance further said it was coordinating with the law enforcement to resolve the issue.
Binance says user funds remain safe amid reports of a potential hack. The crypto exchange is investigating and warns users against scams and unofficial links.
Billions in crypto assets have been frozen following a potential Binance security breach, raising questions about whether the funds can be recovered.
Binance breach involving estimated $6.3B in assets could become the largest cryptocurrency theft on record
The Binance breach has exposed the challenges of securing digital assets as cyberattacks become more sophisticated. Sigma Capital's Vineet Budki explains why crypto investors should consider...
Cryptocurrency worth more than $6.3bn (£4.7bn) has been stolen from a major exchange - with one industry insider telling Sky News it is "the largest bank heist in human history".
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