Binance

Binance Halts Withdrawals After Record $6.3 Billion Crypto Breach

Binance has suspended withdrawals after reporting a security breach that may have exposed an estimated $6.3 billion in digital assets, marking one of the largest incidents ever to hit a major crypto exchange. The episode is likely to intensify scrutiny of exchange security, liquidity management, and the broader resilience of the digital-asset market. The company has not yet disclosed the full technical pathway of the breach, but the scale alone raises urgent questions for users, regulators, and counterparties across the crypto ecosystem.