As it happened: Binance’s record $6.3B crypto hack

Live coverage has ended. The updates below document Cointelegraph’s reporting on the record $6.3 billion Binance hack as events unfolded.

What we know about the Binance hack:

Binance says the estimated total impact is around $6.3 billion and the verified total value of crypto frozen is $3 billion. This could increase as investigators trace additional assets.

Binance says deposits are operating normally, and withdrawals are expected to resume as scheduled.

Assets frozen include Tether USDt (USDT), USDC (USDC), Ripple USD (RLUSD), World Liberty Financial USD (USD1), StraitsX USD (XUSD), USDT0 (USDT0), Wrapped Beacon ETH (WBETH), Tether Gold (XAUT), Pax Gold (PAXG), Pax Dollar (USDP) and Arbitrum (ARB).