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Reports Claim Binance Hot Wallets Breached With $2 Billion Allegedly Drained
(4 hours ago) · 1 source · Summarized by CryptoBipto
Reports have emerged claiming that Binance suffered a major hack resulting in approximately $2 billion being drained from its hot wallets. Circle and Tether have reportedly frozen certain addresses in response. Crypto markets have reportedly reacted to the news, though full details remain unconfirmed.
WHY IT MATTERS
A cryptocurrency exchange is like a bank where people store their digital money.
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SOURCES
- beincrypto.com
RELATED
BNBUSDTUSDCExchange SecurityBinanceStablecoinsHot Wallet BreachFund Freezing
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