CryptoAxios Techabout 2 hours ago
Binance probes $5.7 billion crypto hack
2 min read
Binance co-founder Changpeng Zhao stated the exchange was hacked Thursday afternoon, with users losing upwards of $5.7 billion. This suspected incident follows North Korea-linked attacks on Bybit in 2025. Binance limited withdrawals while Tether and Circle froze over $1 billion in cryptocurrencies to limit customer losses, though the exchange claims funds remain safe.
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