Binance, one of the world’s biggest and most reputable bitcoin exchanges, has just reported what appears to be its largest hack to date. In a post on the company’s site on Tuesday, CEO Changpeng Zhao, fondly known as CZ, has revealed how hackers targeted a single account and spirited off 7,000 bitcoin, worth ~$40.8 million at the current price of $5,828. The pool has surged ahead of other exchange-owned miners, such as Huobi, OKEx, and Binance, all generating significantly less output than Lubian. As data shows, Lubian mined 27 blocks since last weekend, collecting over 337.5 Bitcoin in rewards (pre- and post- halving) and generating anything between $2.8 million to $3.2 million at current Bitcoin prices. (Source: BTC.com) Lubian has a long ... Binance will sync it’s network up to the hardfork in the upcoming days. Bitcoin miner Layer1 to receive $17 million a year for discontinuing mining operations . The San-Francisco based company ... 99Bitcoins supplies up to date tutorials on how to buy Bitcoin, Bitcoin mining, Bitcoin wallets and reviews about the best Bitcoin exchanges. HONG KONG (Reuters) - Hackers stole bitcoin worth $41 million (31 million pounds) from Binance, one of the world's largest cryptocurrency exchanges, the company said on Wednesday, the latest in a string of thefts from cryptocurrency exchanges around the world. Digital money that’s instant, private, and free from bank fees. Download our official wallet app and start using Bitcoin today. Read news, start mining, and buy BTC or BCH.
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