Crypto Platform Binance Confirms $6.3 Bn Hack
Cryptocurrency platform Binance said Thursday it had fallen victim to a major hack that hit around $6.3 billion in funds, with about half that amount frozen to prevent a massive theft. The company -- the world's largest crypto exchange by daily trading volumes -- posted a series of sometimes contradictory messages on X, insisting that "user funds are completely safe" but also saying it would "cover all losses." The company later said on its X account for Latin America that "the total estimated impact is around $6.3 billion."
