Binance is ready to pay 10 million for information about hackers

The largest crypto exchange, Binance, has announced a $ 10 million award for those who will provide information on planned hacking attempts.

She also announced an award of 250 000 dollars for any information about hacking 7 March, then an attempt was made to kidnap almost 47 million dollars.

Another attempt at hacking failed, as Binance quickly reacted to user complaints and blocked all operations of hackers. However, Binance said:

"To ensure a secure crypto-currency space, we can not always be in a defensive position. We need to prevent any cases of hacking before they occur, as well as promptly respond to the situation. "

"Despite the fact that the attempt hacking 7 March was not crowned with success, it was clear that this is a large-scale and organized attack. They must be stopped. "

Details of the award from Binance

In addition, the exchange will award an equivalent 250 000 US dollars to anyone who will provide information that will contribute to bringing to justice the hackers involved in the hacking of Binance 7 March 2018. The reward will be paid by the BNB token.

At the moment, the exchange has already allocated 10 million dollars for future premiums for information about illegal hacking attempts.

The BNB token is currently valued at about 7,5 dollars, and has a total capitalization of 1 billion. Token is very liquid, its daily trading volume is 40 million dollars.

Author: Andrey, analyst Freedman Club Crypto News

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