
Published by
Benzinga
Benzinga
The cryptocurrency world is under escalating cybersecurity threats, as evident from three significant incidents involving Binance (CRYPTO: BNB), Ethereum (CRYPTO: ETH) and a revealing FBI alert concerning the Stake.com theft. Leading this wave of cyber threats is a recent debacle at crypt exchange Binance, which found itself compensating users with 1 million Tether (CRYPTO: USDT)), worth $1 million. This reimbursement is tied to a liquidity crunch concerning the CyberConnect (CRYPTO: CYBER) token on the Upbit exchange, which in turn resulted in Binance users being prevented from redeeming thei…