Binance & The Ongoing Evolution of Security

Recently, Binance was the victim of an organized and complex security breach, resulting in the access and withdrawal of approximately 7,000 BTC, worth in excess of 40,000,000 USD. The target of the attack was one of the Binance “hotwallets” which holds approximately 2% of the Binance BTC holdings. Through a complex, and might we add patient, targeting of both technical and social aspects of the Binance platform, organized users were able to maliciously access the funds in question. This is

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