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Binance halts withdrawals after reported $6.3 billion hack

Original: binance

Binance suspended withdrawals and transactions after reporting what is described as the biggest-ever cyber heist, with losses estimated at up to $6.3 billion. The security scare triggered billions in frozen crypto assets and heavy outflows, while bitcoin tumbled below $78,000. Major outlets including Reuters, Bloomberg and the Financial Times are covering what steps come next for customer funds.

Why now: A suspected record-breaking hack of the world's largest crypto exchange is rattling markets and raising questions about customer funds.

Binance Bitcoin CNBC Reuters Bloomberg

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Evidence

Binance's $6.3 billion hack: What we know and what comes next · CNBC
Suspected Billion-Dollar Binance Hack Sends Fear Through Crypto · Bloomberg.com
Binance halts withdrawals after $6.3bn hack · Financial Times
Binance Suspends Transactions After It Is Targeted in Biggest-Ever Cyber Heist · WSJ
Bitcoin tumbles below $78,000, extending losses as Binance security scare rattles crypto markets · CNBC
Is Binance Being Hacked? $2 Billion Outflow Puts Customer Funds in Question · Yahoo Finance
Binance's possible hack triggers $3 billion freeze in crypto assets · Reuters
Bitcoin, cryptocurrency prices fall after Binance reports security issue · Reuters

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