'While it is a very expensive lesson for us, it is nevertheless a lesson,' the company CEO responded.
One of the world’s top cryptocurrency trading platforms has confirmed that a hack resulted in the loss of 7,000 bitcoin this week, equivalent to more than $40 million.
“The hackers had the patience to wait, and execute well-orchestrated actions through multiple seemingly independent accounts at the most opportune time.” In this photo illustration, a visual representation of the cryptocurrency Bitcoin is displayed on April 03, 2019 in Paris, France. Chesnot/Getty ImagesZhao said in a live video broadcast that users should reset two factor authentication on their Binance accounts. He claimed the firm has the money to cover the stolen $40 million.
“Deposits and withdrawals will need to remain suspended during this period of time. We beg for your understanding in this difficult situation,” the cryptocurrency company said.
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