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According to information emerging in light of recent developments, a GitHub hack has occurred. It has been indicated that, as a result of the hack, data belonging to Binance users might have been transferred to the darkweb as of today, and they could be facing threats based on KYC information. Due to the rumors that surfaced, the Binance team was also compelled to comment on the issue.
Binance Provides Assurance
Responding to concerns expressed by users following the incidents, Binance’s security team shared that a thorough investigation was conducted regarding the matter. According to the team’s statement, there are no signs of any attack or theft from Binance systems.
The announcement also definitively confirmed that there are no issues concerning the security of user accounts.
The Binance security team also stated that user accounts are securely protected against various potential risks. The exchange employs a range of security practices, including Multi-Factor Authentication (MFA), biometrics, and identity verifiers.
Adding to their statements, the Binance security team assured that they will always follow the highest security standards available for users in the evolving world of cryptocurrency.
Last week, in events centered around Ripple, Binance froze the wallet to which $4.2 million worth of XRP stolen from Ripple co-founder Chris Larsen’s account was transferred, once again proving how quickly it can act in the world of cryptocurrency.
Binance CEO Richard Teng also made a statement about the issue, revealing that they supported Ripple’s investigations following the action taken.
Crypto Hacks on the Rise
Last week, Binance highlighted important points. It issued an advisory about the resurgence of crypto scammers trying to exploit current market conditions.
Scammers are particularly targeting industry leaders like Binance co-founder Yi He and prominent blockchain author Anndy Lian.
Scammers are creating deceptive LinkedIn profiles using Yi He’s identity to reach potential targets and demanding significant payments for token listings on Binance.
Yi He made a statement on the matter, noting that she uses LinkedIn minimally and does not participate in making listing decisions.
On the other hand, Anndy Lian revealed that scammers, posing as Binance staff, promise fake passive income to individuals and then persuade them to join crypto groups.
