Binance hacked for 7,000 bitcoins

posted 5 months ago
7,000 BTC were stolen in a single transaction from Binance's hot wallet which holds 2% of its total funds.

CEO Changpeng CZ Zhao immediately and transparently tweeted the information. Binance stated the SAFU fund will be used to cover all losses(USD equivalent of $41,000,000) and no user funds will be affected. Redditors have stated withdraws are frozen and users are having trouble using 2FA.
Tags: bitcoin, blockchain, news