Binance Hacked: Huge Cryptocurrency Exchange Loses $40 million as Mystery Cybercriminals Take 7,000 Bitcoin

Binance Hacked: Huge Cryptocurrency Exchange Loses $40 million as Mystery Cybercriminals Take 7,000 Bitcoin

5 years ago
Anonymous $9jpehmcKty

http://www.newsweek.com/binance-hack-cryptocurrency-bitcoin-hackers-cybercrime-40-million-changpeng-1418934

One of the world’s top cryptocurrency trading platforms has confirmed that a hack resulted in the loss of 7,000 bitcoin this week, equivalent to more than $40 million.

Binance, founded in 2017 and led by Changpeng Zhao, said online a “large scale security breach” had been found yesterday at around 5:15 p.m. Initial analysis suggested hackers plundered the currency from a bitcoin wallet belonging to the company in one vast transaction. 

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