Binance founder says crypto exchange may have been hacked — leading to firms freezing over $2B

Binance, the world's largest cryptocurrency exchange, may have been hacked, leading to reports that over $5.7 billion in cryptocurrency was stolen. Consequently, firms have frozen over $2B in assets and withdrawals were halted. The founder of Binance stated that internal teams are urgently reviewing all relevant information regarding the incident. Despite the reports of the massive theft and the subsequent freezing of funds, Binance has officially asserted that all user funds remain safe.