Binance Freezes $5.3M Funds Aligning with Investigation on BtcTurk Exploit

Binance CEO Richard Teng announced the crypto exchange’s alliance with the largest Turkish crypto exchange, BtcTurk, to investigate the latter’s recent exploit. Consequently, Binance froze over $5.3 million in stolen funds. On June 22, BtcTurk revealed that the platform faced a cyber-attack that affected cryptocurrencies stored in hot wallets. However, the company assured that the […] source: https://coinedition.com/binance-freezes-5-3m-funds-aligning-with-investigation-on-btcturk-exploit/