BREAKING: BINANCE HIT BY A $6.3 BILLION SECURITY BREACH.
One of the biggest security incidents in crypto history has hit Binance.
On October 29, unauthorized withdrawals from its hot wallets resulted in approximately $6.3 billion in affected crypto assets.
The affected assets include:
$BTC , $ETH , $BNB , $USDT and $USDC .
Here’s what we know:
* Around $3 billion in assets frozen through industry coordination.
* North Korean-linked hackers suspected by blockchain intelligence firms.
* Binance has committed to covering all losses through its SAFU fund and corporate treasury.
The incident has raised serious questions about exchange security and the protection of digital assets.
Blockchain investigators are working to trace and recover the stolen funds.
How much trust do you place in centralized exchanges?
One of the biggest security incidents in crypto history has hit Binance.
On October 29, unauthorized withdrawals from its hot wallets resulted in approximately $6.3 billion in affected crypto assets.
The affected assets include:
$BTC , $ETH , $BNB , $USDT and $USDC .
Here’s what we know:
* Around $3 billion in assets frozen through industry coordination.
* North Korean-linked hackers suspected by blockchain intelligence firms.
* Binance has committed to covering all losses through its SAFU fund and corporate treasury.
The incident has raised serious questions about exchange security and the protection of digital assets.
Blockchain investigators are working to trace and recover the stolen funds.
How much trust do you place in centralized exchanges?
