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The world's largest cryptocurrency exchange Binance said on Thursday it had frozen $2.54 billion worth of crypto assets as it investigated a possible security breach, with stablecoin issuers Circle and Tether freezing related assets. "Binance will cover all losses from the hack," Binance co-founder Yi Hu said.

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The world's largest cryptocurrency exchange Binance said on Thursday it had frozen $2.54 billion worth of crypto assets as it investigated a possible security breach, with stablecoin issuers Circle and Tether freezing related assets. "Binance will cover all losses from the hack," Binance co-founder Yi Hu said.

The world's largest cryptocurrency exchange Binance said on Thursday it had frozen $2.54 billion worth of crypto assets as it investigated a possible security breach, with stablecoin issuers Circle and Tether freezing related assets. "Binance will cover all losses from the hack," Binance co-founder Yi Hu said.

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