Binance

Cryptocurrency Exchange Binance is suffering a huge Bitcoin heist as they lost 7000 BTC, worth around $40 million at the time of this writing. There is speculation that a painful transaction retraction “may” take place in order to desperately recover the huge losses. A retraction of the transaction (AKA Bitcoin Chain Reorg) has not happened

The cryptocurrency trading scene now defines the old adage, “every man for himself.” Without any form of government or state-backed regulation, a blockchain-based currency such as Bitcoin and its derivatives must rely solely on speculation to assess the flow of trading. With all the recent interest in this form of trading and the nature of their