CryptoTechCrunchabout 1 hour ago
Binance Pauses Withdrawals After Hack
2 min read
Binance temporarily suspended withdrawals on multiple networks after a security incident suspected of stealing billions. While Binance claims user funds are safe, estimates suggest at least $2 billion was drained from hot wallets, with some figures reaching $5.7 billion. Related entities Circle and Tether also froze funds totaling $2.36 billion.
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