The Binance Hack is A Worrisome Development for Us All

One of the most secured & leading cryptocurrency exchange, Binance, has just been compromised reporting over 7,000 Bitcoin worth $40.5 million stolen by the hackers.

Binance is a highly trusted cryptocurrency exchange and there have been several hacking attempts earlier but none succeeded until this one. According to Binance, this time the hackers were somehow able to obtain a large number of user API keys, 2FA codes, and potentially other info. The sources of attacks were many, and Binance believes it included phishing & viruses.

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