The reported outflows have prompted major stablecoin issuers Tether and Circle to freeze billions of dollars in assets believed to be connected to the incident.<\/p>\n
Binance has not confirmed that customer funds were stolen and says its security teams are investigating the reports. The exchange has maintained that user funds are safe.<\/p>\n
According to blockchain monitoring reports, the estimated outflows could make the incident one of the largest cryptocurrency security breaches on record if unauthorised transfers are confirmed.<\/p>\n
The reported figures remain subject to verification, and the full extent of the incident has yet to be established.<\/p>\n
Source<\/a><\/p>\n \n ( window.advanced_ads_ready || jQuery( document ).ready ).call( null, function() {var $greek2slider4187164575 = jQuery( “.greek-2slider-4187164575” );$greek2slider4187164575.on( “unslider.ready”, function() { jQuery( “div.custom-slider ul li” ).css( “display”, “block” ); });$greek2slider4187164575.unslider({ delay:6000, autoplay:true, nav:false, arrows:false, infinite:true });$greek2slider4187164575.on(“mouseover”, function() {$greek2slider4187164575.unslider(“stop”);}).on(“mouseout”, function() {$greek2slider4187164575.unslider(“start”);});});<\/p><\/div>\n The post Binance Investigates Potential Crypto Security Breach as Suspected Outflows Reach $5.6 Billion appeared first on Greek City Times.<\/p>\n\n
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