Los Angeles (USA), 30 Oct. (LaPresse) – Binance, the world’s largest cryptocurrency exchange, stated yesterday that it is investigating reports of a potential security breach. The company’s founder said that the incident “looks very much like a cyberattack against Binance”. Late yesterday evening, the company announced that the estimated total impact is around $6.3 billion, which would make it one of the most serious security incidents ever recorded in the sector. It was not immediately clear what the extent of the damage actually caused by the hackers was, and Binance has not explicitly confirmed that any funds have been stolen. The company said that its teams are “working round the clock” to resolve the issue. “You can rest assured that users’ funds are absolutely safe,” a Binance spokesperson said in a statement. “Our security teams are urgently examining all relevant information; we will provide updates via Binance’s official channels as soon as we have verified data,” the statement continued.
Cryptocurrencies: Binance confirms a $6.3 billion cyberattack

Los Angeles (USA), 30 Oct. (LaPresse) – Binance, the world’s largest cryptocurrency exchange, stated yesterday that it is investigating reports of a potential security breach. The company’s founder said that the incident “looks very much like a cyberattack against Binance”. Late yesterday evening, the company announced that the estimated total impact is around $6.3 billion, which would make it one of the most serious security incidents ever recorded in the sector. It was not immediately clear what the extent of the damage actually caused by the hackers was, and Binance has not explicitly confirmed that any funds have been stolen. The company said that its teams are “working round the clock” to resolve the issue. “You can rest assured that users’ funds are absolutely safe,” a Binance spokesperson said in a statement. “Our security teams are urgently examining all relevant information; we will provide updates via Binance’s official channels as soon as we have verified data,” the statement continued.
