Binance got hacked for 40 million

in #binance • 5 years ago (edited)

Binance got hacked and the hacker managed to withdraw over 40 million dollars worth of funds. The hackers appears to have outsmarted the internal security system by cleverly using loopholes that Binance didn't know existed within the system.

Users won't lose any money cause Binance SAFU (Secure Asset Fund for Users) fund will cover it. Read more about safu here: https://www.binance.vision/glossary/secure-asset-fund-for-users

#crypto #hack #blockchain #cryptocurrency
5 years ago in #binance by
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     5 years ago 

    😒

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       5 years ago 

      Nothing to worry. Funds are safu.

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         5 years ago 

        Glad to hear that :)

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           5 years ago 

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