An analyst said the Binance security breach could rank among the largest security breaches in the history of the cryptocurrency industry. (Unsplash pic)SINGAPORE: Binance, the world's largest cryptocurrency exchange, said a security breach had resulted in an estimated US$6.3 billion impact that analysts said could amount to the biggest crypto heist ever.

Binance said it had worked with partners to freeze the affected assets, with about US$3 billion located so far.

It gave no update on the status of the remaining US$3.3 billion.

The possible hacking sent crypto prices lower. Bitcoin hit a six-week low and was last down 3% at US$76,469.82, while Ether was down more than 3% at US$2,185.83.