Binance freezes $2.54bn in funds amid potential security issue
Cryptocurrency exchange Binance said at least $2.54bn in funds have been frozen after what it described as a potential security issue. The company said it had suspended all deposits and withdrawals as a precaution while it investigated the incident and engaged law enforcement. The move affects the world's largest crypto exchange and comes amid immediate concern over the security of user assets.Binance said its security teams were reviewing the situation urgently and would provide updates through official channels once information had been verified. The exchange also warned users to be cautious of scams and not to trust unofficial links, messages... [Continue Reading]
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