Suspected hack hits world’s largest crypto exchange Binance (Reuters photo)

Binance, the world’s largest cryptocurrency exchange, said on Thursday that $2.54 billion worth of crypto assets had been frozen as it investigated a possible security breach. Stablecoin issuers Circle and Tether also froze assets linked to the incident, news agency Reuters reported.“Binance will cover all hacking losses,” Binance co-founder Yi He said.The exchange said the amount frozen could increase as it worked with law enforcement agencies, token issuers, blockchain intelligence firms and other industry partners to trace and freeze more assets.Binance co-founder Changpeng Zhao, who no longer runs the company, said in a post on X that the incident “looked…