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Thieves make off with $6.3B from Binance: 'Biggest hack in history'

Thieves make off with $6.3B from Binance: 'Biggest hack in history'

Cryptocurrency giant Binance said Thursday that a major security incident had an estimated total impact of approximately $6.3 billion, with $3 billion already frozen, as the exchange temporarily suspended deposits and withdrawals and pledged to cover customer losses.In a statement to FOX Business, a Binance spokesperson said the company was working to resolve the incident and had temporarily halted transactions as a precaution."Binance has confirmed a security incident and our teams are working around the clock to resolve it," the spokesperson said."User funds remain safe. As a precaution, all...

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Wayne G Fraser
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