What is Binance?

What is Binance?

Binance is a centralized crypto exchange and the world's largest crypto exchange based on traded volume. It was founded in 2017, by Changpeng Zhao (current CEO) and Yi He, and is located on the crypto-friendly island of Malta. A trip into Binance's...

Binance hacked, 7000 BTC stolen with 1 transaction

Binance hacked, 7000 BTC stolen with 1 transaction

On May 7th, Binance announced it had found a significant security violation. Hackers stole around 7074 Bitcoin worth about $40 million in the time of the writing and could acquire access to several 2FA codes and API keys. The Binance hack Deposits...

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