The Binance exchange suffered a $3.5 billion leak. Amid a possible hack of the platform, Circle and Tether froze $900 million in USDC and $970 million in USDT. Notably, Binance founder Changpeng Zhao had urged users the day before the incident not to trust anyone and not to click on suspicious links.
The exchange’s native token, BNB, plunged 8% after these events.
Meanwhile, the cryptocurrency Monero, often used to launder funds, surged amid news of the hack.
The exchange’s native token, BNB, plunged 8% after these events.
Meanwhile, the cryptocurrency Monero, often used to launder funds, surged amid news of the hack.
