Binance - one of the world's largest cryptocurrency exchanges - has been hacked and hackers have stolen over $40 million worth of bitcoin, the company said on Tuesday. Some user two-factor authentication codes and API tokens were also stolen. The hackers targeted the Japan-based exchange's 'hot wallet', which refers to a cache of Bitcoin connected to the internet. Decentralized finance (defi protocol) Harvest Finance was hacked on Monday for $24 million. The attacker targeted the protocol’s liquidity pools, performing an arbitrage attack using a large flash … A large part of the stolen money allegedly ended up at Binance, Huobi Global and Hitbtc, it claimed on Twitter. Eterbase has now contacted these exchanges, requesting that the funds be frozen. In July, another European crypto exchange Cashaa lost 336 bitcoin (worth around $3.1 million at the time) to hackers. The London-based platform said the hacker attacked one of its Blockchain.com wallets ... KipCoin was compromised after its server provider, Linode, was hacked. The result would be a month-long tussle to regain control over the exchange. Gatecoin. Date: May 2016. Amount Lost: 250 BTC. Hackers breached Gatecoin’s hot wallets to steal some $2 million in bitcoin and ether. Bitfinex. Date: August 2016. Amount Lost: 120,000 BTC The hack, which started from leading crypto leading figures such as CZ, CEO of Binance, Binance, and Coinbase exchanges, continued to Bill Gates, Warren Buffett, Barack Obama, and Elon Musk. The hacked accounts published tweets inviting victims to send their Bitcoin funds to an indicated address, in order to receive back “double the amount sent.” Binance, one of the hottest and newest exchanges from China having started with their operations in July 2017, dedicated to only trading coin to coin, has currently shut down trading, depositing, and withdrawing activities due to a server issue. What started off as a small server maintenance issue quickly escalated, as we can testify through Binance’s posts on Twitter. Two hours later the ...
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