Oct 29 - Binance, the world's largest cryptocurrency exchange, said a security breach had resulted in an estimated $6.3 billion impact that analysts said could amount to the biggest crypto heist ever and might make investors rethink the risks of owning digital assets. Read more at straitstimes.com.

Binance, the world's largest cryptocurrency exchange, said it had frozen $3 billion in crypto assets as it investigated a potential security breach, with stablecoin issuers Circle and Tether freezing related assets.

Binance, the world's largest cryptocurrency exchange, said it had frozen $3 billion in crypto assets as it investigated a potential security breach, with stablecoin issuers Circle and Tether freezing related assets.

Beyond the potential loss of assets, the security breach was likely to have wider ramifications for crypto, which had already been under pressure lately due to higher US interest rates and softer demand from exchange-traded fund buyers, analysts said.

Beyond the potential loss of assets, the security breach was likely to have wider ramifications for crypto, which had already been under pressure lately due to higher US interest rates and softer demand from exchange-traded fund buyers, analysts said.

The hackers behind the raid were from North Korea, according to US blockchain analysis firms TRM Labs and Chainalysis.

Oct 29 : Binance, the world's largest cryptocurrency exchange, said on Thursday it had frozen $3 billion in crypto assets as it investigated a potential security breach, with stablecoin issuers Circle and Tether freezing related assets."Binance will cover all hacking losses," Binance co-founder Yi He said, wi

The hackers behind the raid were from North Korea, according to US blockchain analysis firms TRM Labs and Chainalysis.