Major crypto exchange hack nets $40 million and could get so much worse

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The funds are decidedly not safe. 

Cryptocurrency exchange Binance announced a "large scale security breach" Tuesday afternoon, warning customers that unnamed hackers had managed to successfully steal 7,000 bitcoin. At current prices, this equals approximately $40 million. 

But wait, it gets worse. 

"Hackers were able to obtain a large number of user API keys, 2FA codes, and potentially other info," Binance founder and CEO Changpeng Zhao (who goes by CZ) wrote in a press release. "The hackers used a variety of techniques, including phishing, viruses and other attacks. We are still concluding all possible methods used." Read more...

More about Hackers, Bitcoin, Cryptocurrency, Binance, and Tech

from Mashable https://mashable.com/article/binance-cryptocurrency-exchange-hacked-7000-bitcoin/
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