power · · Source: Axios
Binance halts trading after biggest-ever crypto hack
Crypto exchange Binance is investigating what could be the biggest crypto hack in history as users saw upwards of $5.7 billion in funds drained from wallets Thursday afternoon. Why it matters: The suspected hack comes after a wave of high-profile cyberattacks and data breaches during so-called "Black October," when a series of hacks and AI-discovered bugs triggered fears of a global crisis.