08 May,2019 08:14 PM IST | | ANI
Representational Image
Hong Kong: One of the biggest Bitcoin exchanges, Binance, announced that hackers carried out a large scale security breach to steal USD 40 million.
The official release notes that the hackers were able to withdraw 7,000 Bitcoins in the transaction, impacting about 2 per cent of the company's total Bitcoin holdings.
The hackers carried out the attack through multiple independent accounts in a way that passed Binance's existing security checks. Binance said that a thorough security review will be conducted which will take about a week, during which all deposits and withdrawals will remain suspended.
ALSO READ
Bombay HC grants bail to dismissed police officer Sachin Waze
Spate of bomb threats continue, 30 flights across airlines affected
Mumbai Police arrest mother & stepfather of city girl for rape, forced abortion
Mumbai: Three in Borivali booked, one held for extortion bid
Wife, in-laws booked for abetting Mumbai man's suicide
Catch up on all the latest Crime, National, International and Hatke news here. Also, download the new mid-day Android and iOS apps to get the latest updates