Binance reports 'potential security issue' as stablecoin issuers freeze millions in funds

LOS ANGELES (AP) — Binance, the world’s largest cryptocurrency exchange, said Thursday it’s investigating reports of a potential security issue as its founder said the incident “does look like a hack on Binance.”It wasn’t immediately clear the extent of the damage hackers might have been able to accomplish and Binance had not explicitly confirmed that funds had been pilfered, but stablecoin issuers quickly froze funds Thursday evening.