The world's largest cryptocurrency exchange, Binance, has suffered a hacker attack. Its management reported this, and estimated the damage at over six billion dollars. All deposits and withdrawals have been temporarily suspended and security checks are underway. In addition, the company revoked the permission of the affected address and employed security forces and blockchain analysis experts to trace the assets and recover them. The exchange promises its customers to cover all losses from the hack. By the time a full audit is completed, it has frozen approximately three billion funds, and this amount may increase even more. Following reports of hacks to the Binance transaction wallet, Bitcoin and other cryptocurrencies fell in price.

The world's largest cryptocurrency exchange, Binance, has suffered a hacker attack. Its management reported this, and estimated the damage at over six billion dollars. All deposits and withdrawals have been temporarily suspended and security checks are underway. In addition, the company revoked the permission of the affected address and employed security forces and blockchain analysis experts to trace the assets and recover them. The exchange promises its customers to cover all losses from the hack. By the time a full audit is completed, it has frozen approximately three billion funds, and this amount may increase even more. Following reports of hacks to the Binance transaction wallet, Bitcoin and other cryptocurrencies fell in price.