Binance faces reported multi-billion dollar hack as BNB falls 6%

CIE News ·

Based on reporting by CoinDesk; not yet independently confirmed.

Cryptocurrency markets are sliding following reports of a multi-billion dollar hack involving Binance. BNB coin dropped 6% within the last hour, leading the broader market downturn.

Crypto markets are falling following reports of a multi-billion dollar hack involving Binance, according to CoinDesk. BNB coin dropped 6% within the last hour following news of the breach. The broader market downturn is being led by the decline in the price of the BNB token.

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