Cryptocurrency exchanges losses $40 million to hackers

A cryptocurrency exchange Binance reported a ‘’large scale’’ data breach in which hackers managed to steal 7,000 bitcoins worth of about $40 million.The company said that hackers used various techniques including phishing, viruses and other attacks to obtain large numbers of user API keys, 2FA codes and other info. “The hackers had the patience to wait, and execute well-prepared actions through multiple seemingly independent accounts at the most opportune time. The transaction is structured in a way that passed our existing security checks,” sa ..