Gadgets

Hackers steal USD 40 million from major Bitcoin exchange

ANI | May 08, 2019 07:51 PM
Representative image

Hong Kong, May 8 (ANI): One of the biggest Bitcoin exchanges, Binance, announced that hackers carried out a large scale security breach to steal USD 40 million.

The official release notes that the hackers were able to withdraw 7,000 Bitcoins in the transaction, impacting about 2 per cent of the company's total Bitcoin holdings.

The hackers carried out the attack through multiple independent accounts in a way that passed Binance's existing security checks. Binance said that a thorough security review will be conducted which will take about a week, during which all deposits and withdrawals will remain suspended. (ANI)

Have something to say? Post your comment
Must Read
Himachal Pradesh: Spoons, knife, toothbrush, screwdriver found in man's stomach
Himachal Pradesh: Spoons, knife, toothbrush, screwdriver found in man's stomach
Staff crunch affects PSPCL functioning in Nakodar sub urban division
Villager arrested for stealing coin box from religious place
Webcasting scripts new success story in ensuring free, fair and transparent polls
Webcasting scripts new success story in ensuring free, fair and transparent polls
Sidhu’s out of turn outbursts amount to sabotage: Brahm Mohindra
Sidhu’s out of turn outbursts amount to sabotage: Brahm Mohindra
Senior Congress leader Tajinder Singh Bittu cast his vote
Senior Congress leader Tajinder Singh Bittu cast his vote
Chaudhary Santokh Singh along with his family cast their votes in Phillaur
Chaudhary Santokh Singh along with his family cast their votes in Phillaur
957 booths in Jalandhar to have webcasting today- general observer and DC
957 booths in Jalandhar to have webcasting today- general observer and DC
CPMF, Micro observers and webcasting at all 439 vulnerable polling booths for free, fair and transparent polls
CPMF, Micro observers and webcasting at all 439 vulnerable polling booths for free, fair and transparent polls
592 Polling Parties Dispatched For Polling Booths In The District
592 Polling Parties Dispatched For Polling Booths In The District
First voters from first time voter, PWD and senior citizen category to be awarded certificate by district administration
First voters from first time voter, PWD and senior citizen category to be awarded certificate by district administration
My wife would never lie: Navjot Singh on wife's claim against Amarinder Singh
My wife would never lie: Navjot Singh on wife's claim against Amarinder Singh