Binance is investigating a potential security issue amid several stablecoin firms freezing funds

Binance Says It Is Investigating Potential Security Issue as Firms Freeze Over $2.38 Billion in Stablecoins
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Binance Says It Is Investigating Potential Security Issue as Firms Freeze Over $2.38 Billion in Stablecoins

Binance – the world’s largest cryptocurrency exchange – said on Oct. 29 it was actively investigating a potential security issue, according to a statement the company posted on X [1]. Binance did not provide further details about the nature of