Binance Bolsters Security Measures Following $40 Million Bitcoin Hack

Binance CEO Chanpeng Zhao wrote in a blog, May 10, 2019, that they’re making significant changes to their security methods in the wake of the recent hack. Strengthening Defenses and Tracking Hackers On May 7, 2019, the largest cryptocurrency exchange Binance was hacked and a hefty amount of $40 million was stolen from its hot wallet.

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Source: BTC Manager