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via economictimes.indiatimes.comMarkets

Biggest crypto heist in history: how Binance's $6 billion hack rattled markets

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Binance is investigating a reported security breach estimated to have caused $6.3 billion in losses, with North Korea-linked hackers suspected by TRM Labs. The exchange says user funds are safe and has pledged to cover all losses.

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA breach estimated at 6.3 billion dollars at a major exchange can weigh on crypto prices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Binance is investigating a reported breach estimated to cause 6.3 billion dollars in losses.
  2. 02TRM Labs suspects North Korea-linked hackers.
  3. 03Binance says user funds are safe and has pledged to cover all losses.

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