Cryptocurrency 

The GateHub Hack | More Than 100 XRP Ledger Wallets Affected

In the crypto space, it’s not uncommon to see a crypto wallet get hacked. It’s unfortunate, of course, but not unusual. And the latest crypto wallet hack came this week. On Thursday, GateHub said more than 100 customers have had their ledger wallets hacked, resulting in their funds being stolen. Here’s everything we know. GateHub Hack: What We Know On Thursday, June 6, GateHub published a “preliminary statement” on its blog. In the post, the crypto wallet said more than 100 customers have had funds on their XRP Ledger wallets…

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Blockchain 

Binance Hack | Hackers Make Off With $40 Million in BTC

According to Bloomberg, major cryptocurrency exchange Binance has suffered another hack. This time the hackers withdrew 7,000 Bitcoin, which values approximately $40 million USD. This is the second major breach the exchange has faced, the first being an incident in March 2018. A notorious issue in the crypto-space, hacks have claimed $1.7 billion USD in 2018 alone. Binance Hack Via a post on its website, the exchange said that the hack occurred through a single transaction in a “large scale security breach.” It furthered that the hackers used a “variety…

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