Our top rated crypto exchange, Binance uncovered a large scale security breach on May 7th 2019.
The hackers were able to withdraw 7000 BTC in this one transaction: https://www.blockchain.com/btc/tx/e8b406091959700dbffcff30a60b190133721e5c39e89bb5fe23c5a554ab05ea
They have temporarily disabled deposits and withdraws until they complete an investigation.
The good news is that Binance is using the #SAFU fund (secure asset fund for users) to cover the incident in full.
- Twitter with the Binance CEO here
- Cryptocurrency daily discussion on reddit here
- Funds are safe, but Binance still hacked.
- 7000 BTC hacked from Binance Exchange
- A livestream on Periscope