08 July 2019

Cryptocurrency

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May of this year, successful and growing cryptocurrency exchange, Binance lost $40 million in Bitcoin [BTC]. This forced the CEO, Changpeng Zhao to retort to his social media accounts to answer any questions regarding the matter in a swift manner.

As previously reported by Coin Desk, a month after the hack, a company called Coinfirm was able to track outflow of assets in established hacker wallets. The Co-Founder of Coinfirm, Grant Blaisdell was quoted saying,

“The attack was conducted using diversified techniques including viruses and phishing. According to Binance, stolen funds constituted approximately 2 percent of total BTC holdings of the exchange. In order to prevent user’s funds from being affected […] Binance used its SAFU fund to cover the loses.”

Since the aforementioned moves of funds back in June, recent activity has been found as per a transaction monitoring system found on Twitter reports The Next Web. As seen in the tweet below, which was made by Whale Alert on Monday, July 8, 2019, roughly 706.1 BTCs were transferred into a pair of different addresses.


May of this year, successful and growing cryptocurrency exchange, Binance lost $40 million in Bitcoin [BTC]. This forced the CEO, Changpeng Zhao to retort to his social media accounts to answer any questions regarding the matter in a swift manner.

As previously reported by Coin Desk, a month after the hack, a company called Coinfirm was able to track outflow of assets in established hacker wallets. The Co-Founder of Coinfirm, Grant Blaisdell was quoted saying,

“The attack was conducted using diversified techniques including viruses and phishing. According to Binance, stolen funds constituted approximately 2 percent of total BTC holdings of the exchange. In order to prevent user’s funds from being affected […] Binance used its SAFU fund to cover the loses.”

Since the aforementioned moves of funds back in June, recent activity has been found as per a transaction monitoring system found on Twitter reports The Next Web. As seen in the tweet below, which was made by Whale Alert on Monday, July 8, 2019, roughly 706.1 BTCs were transferred into a pair of different addresses.


Mei tahun ini, pertukaran cryptocurrency yang berjaya dan berkembang, Binance kehilangan $ 40 juta dalam Bitcoin [BTC]. Ini memaksa Ketua Pegawai Eksekutif, Changpeng Zhao untuk mengulangi akaun media sosialnya untuk menjawab apa-apa persoalan mengenai perkara itu secara pantas.

Seperti yang dilaporkan sebelum ini oleh Coin Desk, sebulan selepas hack itu, sebuah syarikat yang dipanggil Coinfirm dapat mengesan aliran keluar aset dalam dompet peretas yang ditubuhkan. Pengasas Coinfirm, Grant Blaisdell dipetik berkata,

"Serangan itu dilakukan menggunakan teknik pelbagai termasuk virus dan phishing. Menurut Binance, dana yang dicuri terdiri kira-kira 2 peratus dari jumlah keseluruhan bursa BTC. Untuk mengelakkan dana pengguna daripada terjejas [...] Binance menggunakan dana SAFU untuk menampung kerugian. "

Sejak dana yang disebutkan di atas kembali pada bulan Jun, aktiviti baru-baru ini telah didapati sebagai satu sistem pemantauan transaksi yang terdapat di Twitter yang melaporkan The Next Web. Seperti yang dilihat di tweet di bawah, yang dibuat oleh Whale Alert pada hari Isnin, 8 Julai 2019, kira-kira 706.1 BTC telah dipindahkan ke sepasang alamat yang berbeza.

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