A suspected hack at Binance prompted cryptocurrency firms to freeze about $3 billion in assets, the company said on Thursday. The exchange, which described the situation as a “security issue,” has temporarily suspended deposits and withdrawals while it “conducts security checks, freezes funds, and works with law enforcement.” It vowed to cover all losses. “It…

A suspected hack at Binance prompted cryptocurrency firms to freeze about $3 billion in assets, the company said on Thursday. The exchange, which described the situation as a “security issue,” has temporarily suspended deposits and withdrawals while it “conducts security checks, freezes funds, and works with law enforcement.” It vowed to cover all losses. “It…