Live updates: Binance says $3B in crypto frozen in connection to hack

Binance says the verified total frozen is $3 billion and could increase as investigators trace additional assets.

Binance has temporarily suspended withdrawals and deposits as it investigates the security breach.

Chainalysis estimates the amount of crypto stolen in the security breach is $5.9 billion. The final loss remains undetermined.

Circle, Tether, Ripple, World Liberty Financial and Arbitrum have helped to freeze millions in stablecoins.

Bitcoin trades below $77,000 as BNB falls 8%

Bitcoin traded near $76,937, down 4.9% over 24 hours, according to CoinGecko. BNB fell 8% to about $693, while Ether declined 5.7% to about $2,211.

DeFi tokens also fell, with AAVE down 11.3% and Uniswap’s UNI down 10.7% over the same period.