Binance investigating potential security issue, freezes deposits and withdrawals

The National ·
Technology Cybersecurity
United Arab Emirates

Binance , the world’s largest cryptocurrency exchange , said on Thursday that it has temporarily suspended all deposits and withdrawals as it looks into a potential security incident. In a series of social media posts, the company said it was working "around the clock" and that it will eventually "share a full post-mortem" as it works with law enforcement. " Binance will cover all losses," one of…

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