Binance restarts trading activity following $41 million hack

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Binance restarts trading activity following $41 million hackCryptocurrency exchange Binance has gone back online for the first time following last week’s hack which saw $41 million worth of Bitcoin stolen by hackers. The restart of trading activity comes after a “system upgrade” which took around eight hours to complete. Users were given a 30-minute window to cancel any open orders before trading finally resumed, although Binance CEO Changpeng ‘CZ’ Zhao admitted there was a slight delay. Fixing, one extra lock still in place. Sorry. — CZ Binance (@cz_binance) May 15, 2019 Coin Rivet reported on the Binance hack last week, with more than 7,000 Bitcoin being siphoned out of the exchange’s hot wallets. The $41 million worth of cryptocurrency remains stagnant in seven addresses. Binance has The post Binance restarts trading activity following $41 million hack appeared first on Coin Rivet.

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