Crypto platform Binance confirms major hack, more than US$2.5 billion frozen
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Binance has confirmed a significant hack resulting in over 2.5 billion US dollars being frozen. The company shared messages on X that were sometimes contradictory. They insisted user funds are safe while also stating they would cover all losses.
The company posted a series of sometimes contradictory messages on X, insisting that "user funds are completely safe" but also saying it would "cover all losses".