The crypto industry just can’t catch a break this year.
Binance, the world’s biggest cryptocurrency exchange, paused withdrawals and notified users of possible hacks of two crypto tokens Friday, according to a tweet by its founder and CEO Changpeng Zhao.
“Possible hacks on Ankr and Hay,” Zhao a spus on Twitter. “Initial analysis is developer private key was hacked, and the hacker updated the smart contract to a more malicious one.”
Ex-FTX crypto exchange CEO in video: ‘I didn’t ever want to commit fraud on anyone’
“Smart contract” is a term used to describe computer code that automatically executes all or parts of an agreement. It is usally stored on a blockchain-based platform.
In a separate tweet, Binance reassured its users by saying that “this is not an attack” against the company, and that its team is “engaged” with “relevant parties…to investigate further.”
Binance nu a răspuns imediat unei solicitări de comentarii.
The apparent attack comes at a time when the digital assets industry is struggling with the financial contagion unleashed by the fall of crypto exchange FTX.
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