Mmastodon TechnologyTechnology first seen 6 d ago, last 6 d ago, peak #1
Binance freezes withdrawals after reported $5.6 billion crypto theft
Original: Binance withdrawals frozen after thieves steal $5.6 billion in crypto in record-breaking cryptocurrency heist — firm say
Binance has reportedly frozen withdrawals after what is described as a record-breaking cryptocurrency heist worth $5.6 billion. The company says it will cover customer losses, though the scale of the alleged theft and the status of withdrawals remain unclear. The reported figure would make it the largest crypto theft ever recorded.
Why now: The extraordinary size of the reported theft and the freeze on withdrawals are breaking rapidly and raising fears about exchange security
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