Binance says breach affected about $6.3 billion in assets
Image: Primary
Image: Primary China-linked hackers used an AI tool called ARTEX to target more than 200 organizations in 11 days, compromising at least nine, according to CrowdStrike, NBC News reported.
Binance temporarily suspended all deposits and withdrawals while investigating security issues and working with law enforcement, the Financial Times reported. Tether and Circle froze billions of dollars' worth of their coins as the exchange investigated.
A suspected hack affecting billions of dollars in funds on Binance triggered emergency asset freezes and falling digital asset prices, Bloomberg reported. Executives at the cryptocurrency exchange said they were investigating and that customer funds were safe.
Polymarket resumed trading on its international platform after a breach drained money from some traders' wallets and prompted a pause lasting several hours, WIRED reports.
A fake Padre Terminal cryptocurrency trading app has been removed from Apple's App Store after blockchain investigator Iris confirmed that one victim was compromised through it, BleepingComputer reports. Iris says the app drains wallets when users import private keys.
Binance says it is investigating a potential security issue as suspicious outflows reach up to $5.8B, The Block reports. Tether has frozen 1.5B+ USDT, while Circle has frozen 800M+ USDC.