Binance Reports $6.3 Billion Crypto Heist, Covers All Losses
Binance, the world's largest cryptocurrency exchange, reported a $6.3 billion security breach, one of the largest crypto heists in history. Around $3 billion in funds have been verified and frozen with partners. Co-founders Changpeng Zhao and Yi He assured user funds are safe and pledged to cover all hacking losses. The breach originated from a DevOps engineer's laptop, enabling unauthorized withdrawals. Binance is cooperating with law enforcement to identify the criminals.
HT Business·


