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Bitcoin, cryptocurrency prices fall after Binance reports security issue

Reuters
Bitcoin, cryptocurrency prices fall after Binance reports security issue

SINGAPORE, Oct ‌30 (Reuters) - Cryptocurrency prices fell on Friday after ​Binance ‌reported a potential security ‌issue and said more than $2.5 billion in ‌assets had been frozen.

Bitcoin dropped to a six-week low of $77,646, ether fell to ⁠a two-month low of $2,238.76 ‌and BNB, a ⁠token originally launched as ​Binance Coin that can be used to pay ​Binance fees, was ​down ‌more than 8% over the ​past 24 ⁠hours at $694, according to ‌market aggregator ​CoinGecko.

Binance runs ​a secure asset fund for users, according to its website, which is ‌a reserve held entirely in bitcoin that is ‌intended ​to protect user assets in cases of security breaches.

(Reporting by Tom Westbrook; ‌Editing by Thomas Derpinghaus)