Tether freezes more than $1.567 billion in tokens linked to the potential hack.

Binance is investigating a major security breach that could have a financial impact of $6.3 billion. The world's largest crypto exchange suspects a compromised DevOps laptop enabled unauthorised withdrawals,

The estimated total impact sits at around $6.3B,' Binance said in a tweet. Early signs indicate the hacker may have compromised an engineer's laptop to gain internal access.

Binance suspended deposits and withdrawals after a major security breach estimated to have caused $6.3 billion in losses, potentially the largest crypto hack on record. The exchange suspects a compromised engineer's laptop enabled unauthorised withdrawals.

Binance has announced that the total confirmed frozen amount is $2.54 billion. In addition to restrictions on withdrawals, trading on Binance Alpha has also been temporarily suspended.Meanwhile, the company explains that "user funds are safe.

Binance Intelligence brings AI-powered market insights, trading workflows and developer tools to users through Binance AI, AI Pro and Agent OS.

Binance faces a potentially record-breaking crypto security incident as billions move through suspicious wallet transactions.

The service has reported 'security concerns'.