Binance Suffers $40 Mln Hack, Crypto Community Outraged After CZ Suggested Bitcoin Rollback to Recover Lost Funds

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News in Brief 📰 PayPal CFO Reveals They Are Working on Blockchain and Cryptocurrency 📰 Binance's CZ Gives Up Idea of Bitcoin Network Reorg, Still Criticized by Community ☠️ Binance Suffers $40 Mln Hack, Crypto Community Outraged After CZ Suggested Bitcoin Rollback to Recover Lost Funds Binance has experienced a 'large scale' hack that resulted in 7,000 BTC (around $40 mln) stolen from the exchange. All withdrawals are halted until the Malta-based crypto giant deals with security concerns.  The fact that Binance, the biggest exchange by trading volumes, is not immune to hackers sent shockwaves around the crypto community. The news even appeared on the front page of Bloomberg terminal.   👉 Read the details 🚀 Bitcoin Price Reaches $6,000 but It Doesn't Stay Long – Here's Why Bitcoin crossed the mystical $6,000 mark for a brief spell, only to fall back quickly under that resistance – why did it get there, and then fall back? 👉 Read the article 📊 TOP 3 Price Predictions: BTC, ETH, XRP — Binance Hack as the Reason Behind the Market Dump Yesterday, both technical and fundamental indicators showed growth; however, the Binance hack turned the market back to red again. The amount of stolen funds amounted to 7,000 BTC, or just over $41 million (according to the exchange rate at the time of writing). The hot wallet of the exchange suffered – all the others are safe. 👉 Read the article 💡 What Else? 🚀 BTC/USD Price Prediction — A Pump to $6,000: Is It the Effect of Ethereum's Growth or Not? 💰 Binance CEO Is Now Collecting Donations to Fight Craig Wright ⛏️  Bitcoin Mining Profits Experienced Substantial Increase in April: Report 🤯 WeChat Shuts Down Crypto Trading as China Continues with Crypto Ban 🌟 This Bitcoin Wallet Will Set You Back $50,000   In our Telegram channel, you'll find fresh news, interviews, infographics, forecasts & other helpful stuff: Read our Telegram channel Copyright © 2019 U.Today, All rights reserved. Our mailing address is: editor@u.today Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only.

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