Binance CEO says paused withdrawals after Ankr hack By Reuters


© Reuters. FILE PHOTO: Zhao Changpeng, founder and chief executive officer of Binance speaks during an event in Athens, Greece, November 25, 2022. REUTERS/Costas Baltas/File Photo

(Reuters) – Binance Chief Executive Officer Changpeng Zhao said on Friday that the cryptocurrency exchange has paused withdrawals after the possible attacks on Web 3 operator Ankr and Hay.

“Initial analysis is developer private key was hacked, and the hacker updated the smart contract to a more malicious one.”, he tweeted.

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