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Crypto worth billions frozen after suspected Binance hack
Cryptocurrency giant Binance said on Thursday that it has frozen digital assets worth more than $2.5bn (£1.87bn) to prevent them from being stolen while it investigates a security issue.
AI Summary
Binance announced that it has frozen more than $2.5 billion (£1.87 billion) in digital assets to stop a suspected theft while it probes a security issue. The cryptocurrency exchange said all deposits and withdrawals are temporarily suspended as its teams conduct security checks. Binance also pledged to “cover all losses” incurred from the incident.
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