MOSCOW, Oct 30 (Bernama-Sputnik/RIA Novosti) -- Changpeng Zhao, founder of the world’s largest cryptocurrency exchange, Binance, has said that the platform appears to have been the target of a hacker attack, though user funds remain secure.
"User funds are safe! It does look like a hack on Binance" Zhao said on X, reported Sputnik/RIA Novosti.
According to him, stablecoin issuers acted promptly to block suspicious assets: Tether froze approximately US$971 million, while Circle froze about US$823 million.
--BERNAMA-SPUTNIK/RIA NOVOSTI
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