Cryptocurrency exchange Binance offers $290,000 bounty to unmask blackmailer

Binance, one of the world’s largest cryptocurrency exchanges, has revealed that it is being blackmailed to the tune of 300 Bitcoin (approximately US $3.5 million) by someone who is threatening to release some 10,000 sensitive photographs of its c… Continue reading Cryptocurrency exchange Binance offers $290,000 bounty to unmask blackmailer

Binance KYC Data Leak — Crypto Exchange Sets $290,000 Bounty On Blackmailer

Malta-based cryptocurrency exchange Binance has become a victim of a ransom demand from a scammer who claimed to have hacked the KYC (Know Your Customer) data of thousands of its customers.

The unknown attacker threatened the world’s largest cryptocur… Continue reading Binance KYC Data Leak — Crypto Exchange Sets $290,000 Bounty On Blackmailer

Bitglass Security Spotlight: 80 Million Personal Records Exposed

Here are the top cybersecurity stories of recent weeks:  

80 Million Personal Records Exposed
$40 million Worth of Bitcoin Stolen from Binance Exchange
Major Canadian Telecom Provider, Freedom Mobile, Experiences Security Breach
U.S Antivir… Continue reading Bitglass Security Spotlight: 80 Million Personal Records Exposed

Binance exchange hacked: Bitcoin worth $40.7M stolen

By Uzair Amir
API keys and 2FA codes along with other sensitive data has also been stolen. Binance, one of the largest cryptocurrency exchanges in the world by volume, has become a victim of a massive data breach in which hackers stole roughly 7,000 bi… Continue reading Binance exchange hacked: Bitcoin worth $40.7M stolen

Binance cryptocurrency exchange blames hackers in theft of $40 million in bitcoin

Thieves have stolen more than $40 million worth of bitcoin from Binance, one of the world’s largest cryptocurrency exchanges, as part of a “large scale” security incident affecting roughly 2 percent of its bitcoin holdings, the company announced Tuesday. Hackers stole two-factor authentication keys, API data, and “potentially other info” through an attack that combined phishing and viruses, Binance said in a May 7 statement. The result was the withdrawal of 7,000 bitcoin, worth nearly $41 million at the time of the heist, from Binance’s “hot wallet” when the time was right. No user funds were affected by the breach. “The hackers had the patience to wait, and execute well-orchestrated actions through multiple seemingly independent accounts at the most opportune time,” the company said. “The transaction is structured in a way that passed our existing security checks. It was unfortunate that we were not able to block this withdrawal before it […]

The post Binance cryptocurrency exchange blames hackers in theft of $40 million in bitcoin appeared first on CyberScoop.

Continue reading Binance cryptocurrency exchange blames hackers in theft of $40 million in bitcoin

$40 million worth of Bitcoin stolen from Binance cryptocurrency exchange

Binance, one of the world’s biggest cryptocurrency exchanges by trading volume, says that it has suffered a security breach that saw hackers steal more than $40 million worth of Bitcoin.
Read more in my article on the Hot for Security blog.
Continue reading $40 million worth of Bitcoin stolen from Binance cryptocurrency exchange

$40 million worth of Bitcoin stolen from Binance cryptocurrency exchange

Binance, one of the world’s biggest cryptocurrency exchanges by trading volume, says that it has suffered a security breach that saw hackers steal more than $40 million worth of Bitcoin. A statement issued by the company says that it discovered t… Continue reading $40 million worth of Bitcoin stolen from Binance cryptocurrency exchange

Binance Hacked — Hackers Stole Over $40 Million Worth Of Bitcoin

Binance, one of the largest cryptocurrency exchanges in the world, confirmed today that the company lost nearly $41 million in Bitcoin in what appears to be its largest hack to date.

In a statement, Binance’s CEO Changpeng Zhao said the company discov… Continue reading Binance Hacked — Hackers Stole Over $40 Million Worth Of Bitcoin

Know who hacked the Binance cryptocurrency exchange? Earn $250,000

Binance, one of the world’s biggest cryptocurrency exchanges by trading volume, has offered a reward equivalent to $250,000 to anyone providing information that leads to the arrest of hackers who attacked the platform last week.
Read more in my article… Continue reading Know who hacked the Binance cryptocurrency exchange? Earn $250,000