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Binance froze $2.5 billion in assets following a suspected hack, suspending transactions while promising to cover all user losses.
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Binance froze $2.5 billion in assets following a suspected hack, suspending transactions while promising to cover all user losses.
AI-generated summary. Check the original reporting for context and accuracy.
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The firm said deposits and withdrawals are suspended while its teams conduct security checks and will "cover all losses".
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