Crypto exchange Binance hacked: Biggest hack in history at $6.3bn? What went wrong? What initial investigations suggest?

Hackers have stolen an estimated $6.3 billion from Binance, the world’s largest cryptocurrency exchange, in what analysts have described as potentially the biggest financial heist in history, Reuters reported.

The massive breach triggered a sell-off in cryptocurrency markets, prompting Binance to temporarily suspend withdrawals as it moved to contain the damage.