The Taiwan-based exchange Binance reportedly lost $40 million in BTC as it was stolen by hackers. The news was reported by Binance itself via a statement on its website, per Business Insider’s report. In their statement, Binance noted there was a “large scale security breach” that occurred on their site on Tuesday (May 7). Reportedly, the hackers stole a total of 7,047.2 Bitcoin in the ... A lot of the work of investment banking is targeting. The thing that you do, much of the time, is sit around thinking about who should do a deal, so that you can call them up and say “boy have I ... For its part, Binance announced the stolen bitcoin came only from their corporate accounts and did not affect consumers. At the time, the exchange also suspended deposits and withdrawals to ... Bloomberg TV Bloomberg TV's Matt Miller is currently experiencing the "12 Days Of Bitcoin," a series for the business news television station. On Friday, Miller learned an important lesson. It was ... Good question! Binance itself isn’t clear on the scope of the breach. The bad news is, if your bitcoin was in Binance’s hot wallet, it now belongs to bad guys. The good news is that $40 ... Bloomberg TV's Matt Miller is currently experiencing the "12 Days Of Bitcoin," a series for the business news television station. On Friday, Miller learned an important lesson. In total, cybercriminals looted $125 million in Bitcoin, Ethereum and other digital assets from exchanges last quarter, and insider thefts were by far the largest offenders, inflicting massive ... Binance will ‘do what they can’ to help recover funds stolen in yesterday’s $5M Eterbase hack Bitcoin’s $12.5K pump didn’t do much to impress Peter Brandt On-chain data signals increasing Bitcoin activity — But there’s a catch Bitcoin (BTC) Is Oversold The most-anticipated crypto-centric match of early-2018, the Binance Blockchain Week in Bitcoin capital Singapore, has arrived, and this nascent neighborhood is humming. As the development is a Binance-led initiative, the upstart’s C-suiters and major executives have made appearances on the convention, coupled with the next hackathon. View Business Insider's homepage for more stories. Bitcoin has tumbled 7% in three days. A billion-dollar Ponzi scheme, miners cashing out, and a market correction could be responsible.
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