Bitcoin.com News reported that cryptocurrency liquidations exceeded $1.54 billion on Friday morning as an attack on Binance triggered selling across the market. Long positions contributed approximately $1.29 billion, more than 80% of total liquidations. Binance said attackers stole approximately $6.3 billion, with an investigation indicating that a DevOps engineer's laptop had been compromised. Binance said partners froze approximately $3 billion of the stolen funds and pledged to cover remaining customer losses through SAFU and corporate reserves. Deposits and withdrawals remain suspended.