08-05-2019 10:17 via feedproxy.google.com

Binance hacked for over $40M worth of Bitcoin

Binance suffered what it’s calling a “large scale security breach” yesterday evening. The hackers were able to transfer 7,000 Bitcoin (over $40 million at the time of writing) in one transaction from the company’s hot wallet. In an announcement last night, Binance‘s CEO Changpeng Zhao said that hackers were able to obtain user API keys, two-factor authentication (2FA), and potentially other info – it has not disclosed what, though. At this point, Binance
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