Singapore-based crypto exchange Bitrue announced having been hacked. As a result of the hacker attack, the company lost $5 million in XRP and ADA.
Binance, one of the world’s crypto exchanges, is testing the patience of its followers with the 2nd mysterious tweet about Binance 2.0.
Bincne CEO Changpeng Zhao has sought monetary compensation from a unit of Sequoia Capital from preventing him from raising money during favorable times.
Binance resumes its activities after a forced suspension due to the security reasons. Binance Coin (BNB) price climbs high in reaction to the news.
Currently, all withdrawal and deposit actions are marked as ‘Suspend’ and cannot be carried out on Binance.
CZ, Binance CEO, shared new details on the security measures that will be introduced after the exchange lost 7,000 Bitcoin in a hack that happened earlier this week.
After the recent and most unexpected hack of the Binance exchange, in which 7,000 BTC were stolen, Justin Sun has publicly offered to donate 40 mln USDT to support the exchange and buy TRX, BNB, BTT and other coins with that money.
In a massive security breach, online hackers managed to steal 7000 BTC tokens from Binance’s hot wallets. The exchange announces the recovery of this loss from its SAFU fund.
Suspension of trading activities due to an update on Binance sparked confusion of hacking. However, the update is done and trading has resumed to normal again.