Major crypto exchange hack nets $40 million and could get so much worse
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 info," Binance founder and CEO Changpeng Zhao (who goes by CZ) wrote in a press release. "The hackers used a variety of techniques, including phishing, viruses and other attacks. We are still concluding all possible methods used." Read more...
More about Hackers, Bitcoin, Cryptocurrency, Binance, and TechCOntributer : Mashable http://bit.ly/2LuKeOK
Major crypto exchange hack nets $40 million and could get so much worse
Reviewed by mimisabreena
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Wednesday, May 08, 2019
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