Binance flags 'potential security issue,' says approximately $6.3… | HappeningNow.news

Business & Economy · 4 views

Binance flags 'potential security issue,' says approximately $6.3 billion impacted

FILE - The Binance logo is seen on a smartphone, Feb. 28, 2023, in Marple Township, Pa.

Source Summary Published 1h 26m ago Brief Under 1 min brief
Story intelligence
Coverage Single outlet Single-outlet story
Views 4 Community interest
Brief read Under 1 min brief 82 words

Summary

FILE - The Binance logo is seen on a smartphone, Feb. 28, 2023, in Marple Township, Pa. Matt Slocum/AP hide caption LOS ANGELES — Binance, the world's largest cryptocurrency exchange, said Thursday it's investigating reports of a potential security issue as its founder said the incident "does look like a hack on Binance." The company said late Thursday the estimated total impact was at more than $6 billion, which could be one of the most significant of such security incidents on record.

Read original at NPR

More from Business & Economy

Continue reading recent Business & Economy coverage

Support HappeningNow

Independent AI-powered news analysis is reader-supported. Your contribution helps cover infrastructure, summaries, and continued platform development.

Support HappeningNow

Report an issue with this page