Binance Keeps Withdrawals Paused as Teng Disputes One-Click Label

Binance has kept withdrawals paused after a major breach, while the exchange says about $3 billion in affected assets has been frozen on-chain. Deposits continue to operate normally, leaving customers able to add funds while they cannot withdraw assets through the exchange. Teng said the breach was not a “one-click” attack. That statement addresses how the incident should be characterized, while Binance’s current service status remains split between working deposits and paused withdrawals.

Source: TokenPost