Binance, the world's largest cryptocurrency exchange, said Thursday it's investigating reports of a potential security issue as its founder said the incident “does look like a hack on Binance.”
\n\nThe company said late Thursday the estimated total impact was more than $6 billion, which could be one of the most significant of such security incidents on record.
\n\nIt wasn't immediately clear the extent of the damage hackers might have been able to cause, and Binance had not explicitly confirmed that funds had been pilfered. The company said its teams are “working around the clock” to resolve the issue.
\n\n“Rest assured that user funds are completely safe,” a Binance spokesperson said in a statement.
\n\n“Our security teams are reviewing all relevant information with urgency, and we will provide updates through official Binance channels as soon as we have verified information,” the statement continued.
\n\nThe company wrote on its X account that the estimated total impact sat at around USD 6.3 billion. It said it has worked with blockchain partners to freeze affected assets, with roughly $3 billion frozen on-chain so far.
\n\n“Binance's initial investigation suggests that the security incident may involve a compromised DevOps engineer's laptop, which allowed an attacker to…
Original source: https://www.cnbctv18.com/technology/
