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World's largest cryptocurrency exchange Binance has halted all withdrawals after a suspected $5.8 billion hack, with major stablecoin issuers freezing approximately $2.3 billion to prevent potential losses. Korea Times reports that domestic exchanges like Upbit and Bithumb have advised caution regarding withdrawals. Yonhap notes that Bitcoin fell below the $80,000 mark as market anxiety heightened. Korea Times also reports that Bithumb suffered a separate data breach affecting hundreds of customers. Korea Times further reports that experts say fines and regulations are insufficient against AI-assisted cyberattacks.