Binance Suffers Security Breach Affecting $6.3 Billion in Assets, Nearly $3 Billion Frozen

Cryptocurrency giant Binance said on Thursday that a « security incident » on its platform has impacted about $6.3 billion worth of assets.

The world’s biggest cryptocurrency exchange said nearly $3 billion of those assets have been frozen on-chain so far. 

Tether and Circle said they have frozen more than 1.567 billion USDT and 800 million USDC related to the incident, respectively. The