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Binance reports an estimated $6.3B hack; Bitcoin dips to $76,300

Binance confirmed a security incident with an estimated $6.3 billion impact, up from $5.8 billion in first reports. Bitcoin briefly fell to $76,300 overnight.

• Binance's first findings point to a possible employee laptop compromise and say they found no evidence of a wallet private key leak.
• About $3 billion has been frozen onchain, and Tether and Circle froze roughly $1.8 to $2.4 billion in stablecoins.
• Binance has pledged to cover all losses; the estimate is preliminary and has already moved from $5.8B to $6.3B.