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Binance users withdraw $3.6bn following security incident

Binance users withdrew $3.6 billion in assets following a security breach that impacted $6.3 billion in digital holdings. The exchange responded to the incident by freezing transactions across its platform. The scale of the outflows reflects significant user concern regarding the security of assets held on the exchange. Monitor platform liquidity and transaction status updates for signs of stabilization.

Source: BBC Business

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