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  • Hackers steal $41M in bitcoin from world's largest cryptocurrency exchange

    05/08/2019 10:00:53 AM PDT · by Red Badger · 51 replies
    UPI ^ | 05-08-2019 | By Nicholas Sakelaris
    May 8 (UPI) -- Hackers have stolen more than $40 million worth of bitcoin from the world's largest cryptocurrency exchange, officials said. The Binance exchange said it discovered the breach Tuesday, and learned hackers stole 7,000 bitcoins in a single transaction. The company said it will cover the incident "in full" so no users' funds will be affected. As of early Wednesday, 7,000 bitcoins carried a value of about $41,009,000. The multi-prong attack used phishing, viruses and other methods to breach the accounts, Binance said. Sensitive user data was also mined, officials said. "The hackers had the patience to wait...