Crypto firms freeze more than $2.5bn in funds as Binance investigates potential hack

What the source reports
World’s largest crypto exchange said it had not confirmed whether funds had been pilfered Binance, the world’s largest cryptocurrency exchange, said on Thursday it is investigating reports of a potential security issue as its founder said the incident “does look like a hack on Binance”.
The company said cryptocurrency firms had frozen more than $2. 5bn in funds by Thursday evening. It wasn’t immediately clear the extent of the damage…
TDBN presents the written preview supplied through the publisher's feed. Complete reporting, continuing updates, context, and corrections remain with the original report.
Read the complete report ↗