Binance Halts Withdrawals After What Could Be the Largest Hack in Crypto History
Photo: Crypto Economy
TL;DR: Cryptocurrency exchange Binance temporarily paused withdrawals across multiple networks after recording unauthorized outflows estimated between $3.3 billion and $5.8 billion from its hot wallets. Centralized issuers froze more than $2.6 billion in assets linked to the incident, divided among $1.567 billion in USDT, $800 million in USDC, and $200 million in RLUSD. Derivatives market ... Read more
Source: Crypto Economy
