SwanBitcoin445X250

Binance Suffers Major Hack[1]

On Tuesday, May 7, hackers stole more than 7,000 bitcoin (over $41 million) from Binance's hot wallet. Binance CEO Changpeng Zhao assured users that no other wallets were compromised. Although there is no reported correlation, the price of bitcoin dropped by $290 following the attack.

References

  1. ^ Binance Suffers Major Hack (www.ethnews.com)

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