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Home Crime

Hackers Stole $40.7 Million From Binance

by Khanyisile Nkosi, opinion contributor
June 19, 2019
in Crime, Crypto, News
Hackers Stole $40.7 Million From Binance

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VALLETTA – Hackers were able to obtain a large number of user API keys, 2FA codes, and potentially other info.

The hackers used a variety of techniques, including phishing, viruses and other attacks. Binance is still concluding all possible methods used.

There may also be additional affected accounts that have not been identified yet.

The hackers were able to withdraw 7000 BTC in one transaction. But all funds are safu and Binance covers the loss.

Deposit and withdrawal are still blocked until the end of the week. Binance will cover the loss from their SAFU fund, according to CZ.

Tags: BinanceBitcoinbtcfeaturedHackers
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DafriBank Announces the Appointment of New Chief Executive Officer

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