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Binance crypto platform suspends trades amid suspected hack

Business & Economy

What to know

  • The platform suspended some trading while crypto companies froze billions in their respective currencies. The full extent of the possible hack was not yet clear.S1
  • The firm said transactions are suspended while it conducts security checks and will "cover all losses".S2
Timeline · newest first
1h Perthnow

Binance freezes $A3.6b in assets over suspected hack

Binance, the world's largest cryptocurrency exchange, says it is investigating a potential security issue that appears to be a hack.

1h Deutsche Welle

Binance crypto platform suspends trades amid suspected hack

The platform suspended some trading while crypto companies froze billions in their respective currencies. The full extent of the possible hack was not yet clear.

1h BBC

Crypto giant Binance freezes $2.5bn of assets over suspected hack

The firm said transactions are suspended while it conducts security checks and will "cover all losses".

Developing

Binance crypto platform suspends trades amid suspected hack

3 outlets 3 reports

What to know

  • The platform suspended some trading while crypto companies froze billions in their respective currencies. The full extent of the possible hack was not yet clear.S1
  • The firm said transactions are suspended while it conducts security checks and will "cover all losses".S2
Timeline · newest first

Sources · 2 citations

S1 Deutsche Welle 1 report · EN
S2 BBCLead 1 report · EN
Perthnow 1 report · EN