The world’s largest cryptocurrency exchange, Binance, has been hit by a cyberattack involving an estimated $6.3 billion in digital assets, the company said.

Deposits and withdrawals have been temporarily suspended following what is believed to be the largest theft from a cryptocurrency exchange to date.

Binance said on X late Thursday that users’ funds remained “safe” and that it would cover all losses from the “security incident.”

Working with blockchain partners, the exchange had so far frozen…