Binance founder says world's largest crypto exchange appears to have been hacked.
Cryptocurrency exchange Binance has said at least $2.54bn in funds have been frozen following a “potential security issue”. The world’s largest crypto exchange said on Thursday that it had suspended all deposits and withdrawals “as a precaution” while it investigated the situation and engaged with law enforcement. The company added that user funds were safe.
The price of Bitcoin fell about 5 percent following the incident, dropping below $77,000.
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