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Binance Says Hackers Plotted $6.3 Billion Heist for Months

Binance says hackers spent months planning an attempted theft of $6.3 billion from the cryptocurrency exchange. The company disclosed that the plot was detected and foiled, though few details have been released about who was behind it or how the scheme unfolded. The revelation is drawing attention to security risks at major crypto platforms.

Why now: The scale of the attempted theft and Binance's disclosure of a months-long plot are drawing wide attention.

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