Pakistan, Oct. 30 -- Binance has suffered a massive cyberattack involving an estimated $6.3 billion in digital assets, raising fresh concerns across cryptocurrency markets. The world's largest cryptocurrency exchange temporarily suspended deposits and withdrawals following the incident. However, the company assured customers that their funds remained safe and promised to cover all losses. Binance also confirmed that it was working with blockchain partners to recover the stolen assets.

The exchange said it had already frozen approximately $3 billion in affected cryptocurrencies. The stolen assets included Bitcoin, Ethereum and stablecoins such as Tether and USD Coin. Blockchain analysis firm TRM Labs attributed the attack to North Korean ...