The attack has been linked to an elite North Korean hacking group.

The world’s largest cryptocurrency exchange Binance has been hit in a massive cyberattack estimated to have impacted $6.3bn worth of funds.

The attack, thought to be one of the largest affecting the industry – if not the largest reported hack – was disclosed by the company in the early hours of the day (30 October). In a statement, Binance said it froze $3bn in funds on the blockchain so far.

The company said it found no evidence of any wallet private key leaks. While withdrawals remain paused during its investigation, deposits remain unaffected and continue to function as normal, Binance added. Services are expected to resume…