Binance Halts Deposits and Withdrawals After Apparent Hack

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Binance, the world's largest cryptocurrency exchange, has suspended deposits and withdrawals following what appears to be a security breach. The incident is a "security incident" that could result in losses estimated at around $6.3 billion. The article does not specify further details about the scope of the attack or the affected funds. The suspension was announced after the exchange detected the apparent hack. Further updates on the situation are expected as the company investigates.

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Binance suspends transactions and pledges to cover losses after suspected hack

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