Cryptocurrency exchange Binance has returned to full trading capacity following a hack that saw over $40 million in BTC funds disappear overnight.
Binance Is Back, Baby
The exchange is now one of many that have fallen victim to malicious activity. Others, such as Mt. Gox in 2014 and Coincheck in 2018, boast much bigger losses, so things could have been a lot worse for one of the world’s largest crypto exchanges.
Nevertheless, executives say that while they have the reserves to replace what was lost, the action still “hurts.” The hack occurred on
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