The Economic Times

Binances $6.3 billion hack dwarfs Bybit's $ 1.5 billion breach: Is cryptocurrency theft getting bigger?

Binance has recently reported a major security breach impacting approximately $6.3 billion in digital assets. After the hack, the exchange temporarily suspended withdrawals while assessing their security systems. Hackers allegedly linked to North Korea have raised concerns about the effectiveness of security measures in cryptocurrency exchanges. Investigators are working to trace the stolen funds and recover as many assets as possible.