10-05-2019 12:41 via cryptoinsider.com

Security update by Binance on the hacking incident

Binance issued an update today on the security breach that took place on 7th May 2019 where the hacker stole 7000 Bitcoins (worth $43 million) by successfully obtaining “API keys, 2FA codes, and other sensitive information.
The deposits and withdrawals were also paused following the incident to revamp security on Binance and improve operating procedures. Below are some key points mentioned in the update.
Improving Security Measures, Procedures and Practises
The update from CZ informs Bina
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