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Hackers stole Binance crypto exchanger over $ 40 million in Bitcoin

One of the world's largest crypto currency exchanges, Binance announced on Wednesday that hackers stole $ 41 million in bitcoin. It is just one of the many recent major crypt currencies that are on the rise.

According to the company, hackers received more than 7000 bitcoin at a time, using different types of computer viruses and phishing. They got to the wallet connected to the corporate web, which was used to execute customer transactions and a large number of user accounts. The wallet contained about two percent of the company's total cryptographic assets. Criminals were not able to access the wallets that were not connected to the Internet (cold wallet).

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Binance said that customers wouldn't lose any theft because the company pays stolen amounts from their own pockets. Cryptographic exchange has stopped all transactions at this time and customers may not have access to their money before next week. Binance CEO Changpeng Zhao said in a video message sent to customers that he hadn't slept for about 29 hours and would continue to work for currency exchange security.

The price of Bitcoin fell by 4.2 percent at the beginning of the Asian trading day. Several large encryption exchanges like Coinbase blocked transactions related to hacked accounts.

Last year, nearly $ 950 million of cryptographic currencies were stolen from encryption exchanges around the world. Compared to the previous year, the number of thefts increased by nearly 260 percent, which means that it is a fast-growing trend. 58 percent of all thefts occurred in the currency exchange of South Korea and Japan.

Bitcoin News 2019

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Last modified on Saturday, 11 May 2019 08:47
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