Billions in crypto leaves Binance wallets as CZ suggests likely hack
AI summary
Onchain data and industry analysts indicate billions of dollars in cryptocurrency left Binance exchange wallets on Thursday, sparking speculation of a massive hack. Binance acknowledged a "potential security issue," and founder Changpeng "CZ" Zhao suggested a hack was likely. A large-scale breach at the world's biggest exchange would hit confidence across crypto markets and could trigger sharp selling.
