Binance halts deposits, withdrawals after suspected $6.3bn cyberattack

Why This Matters

Key context: <img width="1600" height="900" src="https://dailypost.ng/wp-content/uploads/2024/03/Binance-1.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" srcset="https://dailypost.ng/wp-content/uploads/2024/03/Binance-1.jpg 1600w, https://dailypost.ng/wp-content/uploads/2024/03/Binance-1-300x169.jpg 300w, https://dailypost.ng/wp-content/uploads/2024/03/Binance-1-1024x576.jpg 1024w, https://dailypost.ng/wp-content/uploads/2024/03/Binance-1-1536x864.jpg 1536w" sizes="(max-width: 1600px) 100vw, 1600px" /><p>Binance, the world&#39;s largest cryptocurrency exchange by trading volume, has suspended deposits and withdrawals following a suspected cyberattack estimated to have affected assets worth $6.3 billion. The cryptocurrency trading platform disclosed the security breach in a statement on Friday, saying it had launched an investigation into the incident and was working with blockchain partners to [&#8230;]</p> <p><a href="https://dailypost.ng/2026/10/30/binance-halts-deposits-withdrawals-after-suspected-6-3bn-cyberattack/">Binance halts deposits, withdrawals after suspected $6.3bn cyberattack</a></p> This development from dailypost.ng highlights ongoing changes in the sector.