Binance Halts Transactions After $6.3 Billion Cyberattack Affects Assets

Binance, a major cryptocurrency exchange, has temporarily suspended deposits and withdrawals following a cyberattack impacting assets worth $6.3 billion. The exchange reported that approximately $3 billion in assets have been restricted with the help of partners. Binance stated it will cover all losses and is working with law enforcement to track and recover the stolen funds.

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