Binance said on Thursday that a "security incident" on its platform has impacted about $6.3 billion worth of assets. The world's biggest cryptocurrency exchange said nearly $3 billion of those assets have been frozen on-chain so far.
Tether and Circle said they have frozen more than 1.567 billion USDT and 800 million related to the incident, respectively.
The report does not state who was responsible, how the incident occurred, or whether any vulnerability was involved. It also does not describe the scope of affected users or any remediation steps.