BusinessPhoto: NDTV TechBinance Investigates $6.3 Billion Crypto Hack, Market Impact
Binance is investigating a major security breach resulting in an estimated $6.3 billion loss, potentially the largest cryptocurrency theft ever. The hack likely involved a compromised engineer’s laptop, though no leaked wallet keys were found. Stablecoin issuers Tether and Circle froze billions in assets linked to the breach. Cryptocurrency prices fell, and Binance pledged to cover user losses with its Secure Asset Fund and company funds.
NDTV Tech·



