Binance Breach and the Race to Trace Billions in Crypto
Binance, the world’s largest cryptocurrency exchange, abruptly suspended deposits and withdrawals as it investigated a massive suspected security incident that initial reports placed in the billions of dollars. Early figures and shifting estimates have left users and industry observers scrambling for verified facts: some transfers across multiple blockchains looked suspicious, but determining what portion — if any — represents confirmed theft requires careful tracing and coordination with token issuers and…