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Major Binance Cyber Heist: $6.3 Billion Targeted, $3 Billion in Crypto Assets Frozen

Major Binance Cyber Heist: $6.3 Billion Targeted, $3 Billion in Crypto Assets Frozen

$6.3 Billion Drained, North Korean Hackers Suspected: Binance Targeted In 'Biggest-Ever' Cyber Heist
$6.3 Billion Drained, North Korean Hackers Suspected: Binance Targeted In 'Biggest-Ever' Cyber Heist

Cryptocurrency exchange Binance has suspended all platform transactions while coordinating emergency asset freezes

Binance's possible hack triggers $3 billion freeze in crypto assets
Binance's possible hack triggers $3 billion freeze in crypto assets

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

Suspected Binance hack triggers $2.5 billion freeze in crypto assets
Suspected Binance hack triggers $2.5 billion freeze in crypto assets

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.

Binance Reports Major '$5.9 Billion' Heist, Suspends Deposits, Withdrawals
Binance Reports Major '$5.9 Billion' Heist, Suspends Deposits, Withdrawals

Neither the company nor industry observers offered any explanation as to how the cyberattack might have occurred.

Bitcoin, cryptocurrency prices fall after Binance freezes assests worth $2.5 billion
Bitcoin, cryptocurrency prices fall after Binance freezes assests worth $2.5 billion

Cryptocurrency prices dropped on Friday after Binance froze over $2.5 billion in assets amid a potential security breach, while Bitcoin and other tokens hit multi-week lows.

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