Live updates: Binance says $3B in crypto frozen in connection to hack

Binance has frozen $3 billion in crypto assets in connection to the recent hack, which is one of the largest in crypto history. The exchange is working with investigators to trace the funds and prevent further losses. The hack has sent shockwaves through the crypto market, with many investors worried about the potential for further losses. The situation is still unfolding, and it is likely that more information will come to light in the coming days. The hack highlights the importance of security in the crypto space and the need for exchanges to have robust measures in place to protect user funds. As the investigation continues, it is likely that more details will emerge about the hack and its impact on the market. The crypto community is waiting to see how the situation will unfold. Binance's swift action in freezing the assets has helped to mitigate the damage, but the situation is still being closely monitored.