Binance security breach triggers USD 3 billion freeze, deposits and withdrawals suspended

New Delhi [India], October 30 (ANI): Cryptocurrency exchange Binance has frozen around USD 3 billion in digital assets linked to a potential security breach and temporarily suspended all deposits and withdrawals as it investigates the incident in coordination with law enforcement agencies and industry partners.

In a series of updates on its official X account, Binance said its security teams were reviewing the incident and tracing affected assets, while assuring users that their funds remained safe.