Payments News

Risk & Fraud

Hackers Swipe More Than $40 Million of Bitcoin From Cryptocurrency Exchange

“Binance, one of the world’s largest cryptocurrency exchanges, said hackers stole more than $40 million worth of bitcoin from its platform in what it called a “large scale security breach.” The theft offers another example of the vulnerability facing cryptocurrencies and the venues where investors trade them. Yet the price of bitcoin and other digital currencies barely budged after the robbery was disclosed Wednesday morning in Asia.”