✉news BusinessCrypto first seen 1 d ago, last 22 h ago, peak #9
Binance Hit by $6.3 Billion Crypto Hack
Original: Binance’s $6.3 Billion Crypto Hack Strikes at Heart of Bitcoin’s Trillion Dollar Industry
Binance, the world's largest cryptocurrency exchange, is reported to have suffered a hack costing $6.3 billion, according to Barron's. The reported breach would rank among the largest in crypto history and strikes at the core of the Bitcoin industry, which is worth roughly a trillion dollars. Details about how the attack happened and what funds were affected have not been confirmed.
Why now: The sheer scale of the reported loss would make it one of the biggest crypto security breaches ever, shaking confidence in the exchange and the wider market.
Evidence
- Binance’s $6.3 Billion Crypto Hack Strikes at Heart of Bitcoin’s Trillion Dollar Industry · Barron's
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