Binance suspends withdrawals after crypto hackers steal $6.3 billion
Summary
The New York Times reports that Binance suspended withdrawals after a crypto hack resulting in roughly $6.3 billion stolen. The article outlines the immediate response by Binance, ongoing investigations by law enforcement, and the potential impact on user funds and market confidence. It also highlights regulatory scrutiny and the broader implications for security practices in crypto exchanges and the need for robust incident response.