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Binance suspends all deposits and withdrawals after suspected cyber hack, bitcoin slumps 3.7pc

Binance suspends all deposits and withdrawals after suspected cyber hack, bitcoin slumps 3.7pc

New York | Binance, the world’s largest crypto exchange, suspended all deposits and withdrawals as it probed what the industry calls crypto’s biggest-ever hack that has resulted in billions of dollars in assets being frozen.

Binance founder Changpeng Zhao, now the company’s largest shareholder, said he expected all user funds to be fully covered. The New York Times

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