Crypto

Binance uncovers wider breach in $6.3 billion exploit, targets Sunday withdrawal restart

Summary

Cryptocurrency exchange Binance revealed that attackers bypassed security defenses and deleted evidence during a massive multi-billion dollar hack. The platform aims to resume customer withdrawals on Sunday and intends to release its proof of reserves report on Monday.

CEO Richard Teng said hackers erased evidence and bypassed security checks. Binance plans to publish its proof of reserves Monday.

Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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