Hot Development: Binance Hacked – 7,000 Bitcoins Stolen | Bitcoin,Crypto and Blockchain news and dictionary

Hot Development: Binance Hacked – 7,000 Bitcoins Stolen

The Binance crypto money exchange was hacked – 7,000 BTC was stolen.

Binance, one of the world’s largest crypto money exchanges, was attacked by hackers on May 7, according to an announcement.


Binance Security Breach Update …

09:40 – 8 May 2019
According to preliminary information, a total of 7,000 Bitcoins from the stock market were traded on the stock exchange by hackers. Binance said in a statement on the issue that this is the only transaction, and that only cover BTCs in their hot (online) wallets. The staggered BTCs were equivalent to 2% of the total BTC amount of Binance.

Deposit and Withdrawal Suspended
Binance said that a security assessment will take about a week, and that the withdrawal and deposit transactions were suspended for a temporary period. Binance’s statement stated that hackers may still have certain accounts they have, the withdrawal of money withdrawals will be reduced to reduce the damage to the market was emphasized.

CEO Changpeng Zhao’s tweeting of ”unscheduled server maintenance, funds safe den during the hours when hacking took place was another detail that was not overlooked.

CZ Binance

Have to perform some unscheduled server maintenance that will impact deposits and withdrawals for a couple hours. No need to FUD. Funds are #safu.

05:06 – 8 May 2019
In addition, all customer funds will be covered by the #SAFU fund created for such cases

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