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117 stories in the last 48 hours · updated 16:04 WAT

File picture: Shiraz Chakera via Wikimedia Commons, CC BY-SA 2.0
Business · Crypto 4 publications

Hackers steal $6 billion from Binance in biggest crypto heist in history

According to The Times of India, Binance lost approximately $6.3 billion in a heist traced to a compromised engineer's laptop, and the exchange has paused withdrawals. Al Jazeera English reported Binance said $6.3bn was stolen and linked the theft to North Korean hackers. The Verge reported Binance disclosed $6.3 billion in stolen funds, said user funds are safe, and that around $3 billion of the affected assets were in the process of recovery. Nairametrics put the figure at more than $6 billion, citing investigators who described it as the biggest crypto theft in history. The sources differ on the exact amount, with figures of $6 billion and $6.3 billion reported. The story is developing. Summary from 4 sources

Sources differ: Nairametrics reports more than $6 billion stolen, while The Times of India, Al Jazeera English and The Verge report $6.3 billion.

Summary from 4 sources Nairametrics first also Al Jazeera English, The Verge, The Times of India

File picture: Benh LIEU SONG, public domain, via Wikimedia Commons
Breaking Business · Crypto 4 publications

Crypto exchange Binance freezes billions in funds amid potential $6.3bn security breach

Breach may have started with a hacked laptop belonging to engineer, in incident analysts say could be of the most significant intrusions on record Binance, the world’s largest cryptocurrency exchange, has said it’s investigating reports of a potential $6.3bn security breach that analysts said could Excerpt, The Guardian Business

Source The Guardian Business also Ars Technica, France 24, ABC News (US)

File picture: CEphoto, Uwe Aranas via Wikimedia Commons, CC BY-SA 3.0
Breaking Business · Crypto 2 publications

Binance Suspends Withdrawals After Suspected Hack

According to Bloomberg Markets, Binance suspended all deposits and withdrawals while it investigates a security incident that has resulted in the freezing of more than $2.5 billion in assets. DW News reported that the platform suspended some trading while crypto companies froze billions in their respective currencies, and said the full extent of the possible hack was not yet clear. The two sources differ on the scope of the suspension, with Bloomberg describing a halt to all deposits and withdrawals and DW describing a suspension of some trading. Summary from 2 sources

Sources differ: Bloomberg Markets says Binance suspended all deposits and withdrawals, while DW News says it suspended some trading.

Summary from 2 sources Bloomberg Markets first also DW News

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