Binance uncovers wider breach in $6.3 billion exploit, targets Sunday withdrawal restart
Summary
Crypto exchange Binance revealed that attackers bypassed security controls and destroyed data during a massive multi-billion dollar breach. The company intends to resume customer withdrawals on Sunday and plans to release updated reserve proofs early next week.
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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