Binance Hack Marks 6th Largest in Crypto History, Lost Bitcoin Recouped In 47 Days6.4

Binance, one of the largest cryptocurrency exchanges by trading volume and one of the most trusted and respected names throughout the industry, is now also among the largest cryptocurrency exchange hacks to ever hit the crypto industry since the inception of Bitcoin.

The “security breach” as Binance is referring to it as, resulted in 7,000 BTC being stolen from the exchange using advanced methods that helped the hackers remain undetected. The stolen Bitcoin at today’s prices, brings the total loss at the hands of hackers to roughly $41 million dollars – an amount Binance will be able to recoup completely in just 47 days, according to one crypto analyst.

Original source
https://www.newsbtc.com/2019/05/09/binance-hack-marks-6th-largest-in-crypto-history-lost-bitcoin-recouped-in-47-days/

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