Binance opened for business as a crypto-to-crypto only exchange. It soon gathered momentum having completed its ICO in July 2017. One of the strong selling points for Binance was its focus on the global market. It opened its doors to anyone who resides in a jurisdiction where cryptocurrency was not outlawed. The funds are decidedly not safe.. Cryptocurrency exchange Binance announced a "large scale security breach" Tuesday afternoon, warning customers that unnamed hackers had managed to successfully steal 7,000 bitcoin. At current prices, this equals approximately $40 million. But wait, it gets worse. "Hackers were able to obtain a large number of user API keys, 2FA codes, and potentially other ... Cryptocurrency exchange Binance announced a "large scale security breach" Tuesday afternoon, warning customers that unnamed hackers had managed to successfully steal 7,000 bitcoin. At current ... Crypto exchange Binance now lets you buy Bitcoin with a credit card Written by Stan Schroeder. over 1 year ago It's easy, but it's not cheap. The hunter has become the hunted and so on. Image ... World-renown cryptocurrency exchange “Binance” successfully defended itself and recovers from a hacking attempt. In a matter of minutes, the system detected a discrepancy and closed the withdrawing capabilities. What we know is that the potential of a cyber-attack on the China-based exchange platform started increasing in January as the would-be hackers began a phishing scheme. They used a ... Binance has strengthened its security following a recent hack.Image: SOPA Images / Getty Images By Stan Schroeder2019-05-13 08:16:33 UTC Cryptocurrency exchange Binance, which is recovering from last week’s security incident which allowed hackers to steal 7,000 bitcoins (roughly $40 million), said on Monday it has strengthened its security and promised it will allow deposits and […] Hackers steal $4.2 million from cryptocurrency exchange Bitrue [mashable] ... Just last month, one of the world’s largest cryptocurrency exchanges, Binance, was hacked to the tune of $40 million. The attack comes in the middle of a strong bull run for Bitcoin and other cryptocurrencies, with the total market cap of all coins more than doubling in three months; it currently stands at $345 ...
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