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1. Bitcoin is scarce
2. Bitcoin is transparent
3. Bitcoin has no leader
4. Bitcoin is decentralized
5. Bitcoin is borderless
6. Bitcoin is synonymous with freedom
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Binance hacked to the tune of $100 million or more
Binance, the world’s largest cryptocurrency exchange, may have lost more than $100 million following a hack of its Binance Smart Chain blockchain network. “The issue is contained now. Your funds are safe. We apologize for the inconvenience and will provide further updates accordingly,” CEO Changpeng Zhao said. A reddit post by Binance discussing the incident said that the company temporarily suspended transactions and the transfer of funds after detecting an exploit between two blockchains, a method of digital theft that has been ...