Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Manila, Philippines — BlockShoals Technologies Inc. (BlockShoals) is aware of the security incident recently disclosed by Binance and the temporary suspension of deposits and withdrawals. This is a press release submitted to BitPinas. According to Binance, it has taken immediate measures to contain the incident, secure affected assets, and investigate the matter in coordination with its blockchain partners and law enforcement authorities. Binance has also stated that user funds remain safe and that it will cover affected user losses through …
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