One of the World’s Largest Crypto Exchanges, Binance, Hacked to the Tune of $40 Million

Cryptocurrency trading hub Binance, one of the world’s largest, has confirmed it lost about 7,000 Bitcoins (around $40 million) to hackers after its so-called “hot wallet,” i.e. one connected to the internet and used to process transactions, was breached, Bloomberg reported on Tuesday.

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