Binance hit by $5.6B hack, CZ says, as withdrawals halt and stablecoin issuers freeze funds

About $5.6 billion has flowed out of Binance hot wallets. CZ says it looks like a hack and expects losses to be covered. Withdrawals are paused, and Tether, Circle and Ripple have frozen over $2 billion in linked funds. The post Binance hit by $5.6B hack, CZ says, as withdrawals halt and stablecoin issuers freeze funds appeared first on Crypto Briefing.