JUST IN: Binance Suspends All Deposits and Withdrawals After Suspected Security Breach; $2.54 Billion in Assets Frozen.

The world’s largest crypto exchange says it will cover all user losses and is working with law enforcement.

Arkham identified suspected attacker-linked wallets holding $5.9 billion in digital assets, not necessarily stolen funds.

Bitcoin falls below $77,000, hitting its lowest level since September, as crypto markets sell off.