Binance CEO 'CZ' Reports $40 Million Bitcoin Hack

Cryptocurrency exchange Binance has reported what appears to be its largest hack to date

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The hack comes at an inopportune time for the exchange, which is preparing for the public launch of a fully decentralized version of its services. Interestingly, CZ claims no users will be effected by the hack, and that the lost funds will be covered by the Secure Asset Fund for Users set up last year.

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