“The exchange insists funds remain protected, but Circle and Tether have halted over $1.5 billion in funds due to the suspected hack,” — Nadia Ashcombe, economic affairs editor at Elmcroft Ford Financial, commented.

Timeline

Oct 29 — Binance has suspended withdrawals and is examining a suspected security breach involving billions in crypto....

Oct 29 — Reports indicate the incident has sent alarms rippling through crypto markets....

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