The world’s largest cryptocurrency exchange, Binance, was
reportedly hacked overnight on October 30. The platform said the
incident may have been caused by the compromise of an employee’s
laptop.

According to the company, the breach allowed attackers to gain
access to an internal service container and carry out unauthorized
withdrawals. Preliminary estimates put the losses at $6.3
billion.

“Binance will cover all losses. As a precautionary measure, all
deposits and withdrawals have been temporarily suspended while…