CoinDesk· Krisztian Sandor·· 2d ago
Binance Suffers Largest Crypto Hack, Losing Over $6 B
Original source: CoinDeskRead original
AI brief
Binance reports a security breach that has cost it more than $6 billion in cryptocurrency, marking the biggest hack in the industry’s history. The exchange’s co‑CEO stated that Binance will cover all losses. The incident has triggered a market sell‑off, with Bitcoin falling back to around $77,000. The breach underscores the ongoing risk of cyber attacks on major crypto platforms and the potential ripple effects on digital asset prices.
Source: CoinDesk · coindesk.com