Just In: One of the largest popular cryptocurrency exchange known as Binance has just experienced another hack attempt, but this time around it wasn't on traders coins but their twitter account. The platform's Jersey's Twitter account experienced this attempted hack by an unknown Twitter user known as @LightningNetwo9.
Following a recent tweet well-versed on Binance Je by the intruder, the hacker was seen to be a well-known security researcher who claims his actions were purely equitable and with altruistic motivations.
Also, the hacker made it clear that he never intended to use his skill to extract more from the exchange, but for some reasons, he didn't touch any funds. Here's a tweet of him making that statement:
Interestingly, Binance Je's is actively one of the four independent branches of the exchange, as it boasts of being the world's largest cryptocurrency exchange in terms of volume and transactions.
Binance has been experiencing some strange attacks on its network ever since a successful hack was carried on, costing the exchange roughly 7,000 liquid bitcoins.
My Opinion: Binance needs to up its security game because it's the largest cryptocurrency exchange platform in the crypto space. If the platform keeps experiencing strange hacks from anonymous users, it's users will be forced to move their funds out to another exchange where it will be safe for them.
Reference:
Coindesk