Binance, one of the leading cryptocurrency exchanges in the world, has unfortunately been in the news of hacking of bitcoins. Mr. Changpeng Zhao, the Binance CEO, twitted earlier to address the clients and the entire crypto-universe about the 7000 Bitcoin hack. However, they have promised to make investors whole.
Binance moted that hackers employed a wide range of tactics like phishing and viruses to obtain a large number of 2FA codes and API keys in addition to other credentials. There was one affected transaction, through which hackers have accessed to withdraw 7,000 bitcoins (BTC) from the hot wallet, approximately worth $40,705,000.
Well, Changpeng Zhao stated to safeguard from the potential threats, hence, the deposits and withdrawals are expected to be suspended for a week. Furthermore, he also advised the clients to append security checks to their accounts. The update insists that all other wallets are secure and unharmed.
Currency Strength Index: FxWirePro's hourly BTC spot index is inching towards 149 levels (which is highly bullish), USD is at -17 (mildly bearish), while articulating (at 10:58 GMT).
For more details on the index, please refer below weblink: http://www.fxwirepro.com/currencyindex


UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Geopolitical Shocks That Could Reshape Financial Markets in 2025
Bitcoin Consolidates Near $78K: Will Strong ETF Inflows Trigger a Breakout to $90K?
China's Refining Industry Faces Major Shakeup Amid Challenges
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 



