Since May 1, 2019, bitcoin’s price has been rising, reaching a top of over $ 6,000. As the whole cryptocurrency industry was enjoying the rise, an unexpected hack put a stop to the rise of bitcoin. The major exchange Binance was hacked for $ 40 million.
Binance has issued an announcement revealing more information about the attack. The announcement said that a large-scale security bug was found in the exchange and that the hacker stole 7,000 bitcoins from the wallet at a height of 575,012 blocks.