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Binance is investigating a major security incident that may have allowed hackers to access its systems through an employee’s laptop. According to a preliminary assessment, the breach could result in losses of up to $6.3 billion. In response to the incident, the exchange temporarily halted deposits and withdrawals and suspended certain trading operations. Binance reports that it has already frozen approximately $3 billion of assets. The company has stated that it will cover all losses from its own funds and reserve pool, and it has assured users that their funds remain secure. The investigation is ongoing. Article and image source: Novosti Uzbekistana
Binance is investigating a major security incident that may have allowed hackers to access its systems through an employee’s laptop. According to a preliminary assessment, the breach could result in losses of up to $6.3 billion. In response to the incident, the exchange temporarily halted deposits and withdrawals and suspended certain trading operations. Binance reports that it has already frozen approximately $3 billion of assets. The company has stated that it will cover all losses from its own funds and reserve pool, and it has assured users that their funds remain secure. The investigation is ongoing.
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