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Technology Summary

Crypto platform Binance freezes $3 billion worth of funds after “security issue”

According to crypto security firm TRM Labs, attackers siphoned off approximately $6.36 billion out of Binance wallets on September 30.

By Storywire Newsdesk Published Updated
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Binance crypto exchange confirms major hack, more than $2.5 billion frozen
Binance crypto exchange confirms major hack, more than $2.5 billion frozen — image via The Hindu Technology feed — Credit: Storywire

Attributed summary

According to crypto security firm TRM Labs, attackers siphoned off approximately $6.36 billion out of Binance wallets on September 30.

Read the original report — The Hindu Technology

Storywire publishes attributed summaries for discoverability. Full reporting remains with the original publisher — we do not republish restricted full text.

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