What to know about the $6.3B hack on Binance, likely the biggest-ever crypto theft - PBS

The breach represents a significant blow to the world's largest cryptocurrency exchange and has sent shockwaves through digital asset markets. Bitcoin prices immediately fell following news of the security incident.

Binance has not yet commented on how the attackers bypassed its security systems.

Investigation underway

The US Secret Service has confirmed it is assisting in tracking the stolen funds. The agency typically investigates financial crimes involving electronic funds transfers.