Cryptocurrency

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 <p class="is-style-lead">Cryptocurrency exchange Binance has denied claims of a leak in its <a rel="noopener noreferrer nofollow" title="security" href="https://thebittimes.com/tag/security.html">security</a> <a rel="noopener noreferrer nofollow" title="system" href="https://thebittimes.com/tag/system.html">system</a>.</p>
 <p>After an X post claiming Binance user data was available on GitHub, Binance support noted in a post dated Feb. 5 that there are no leaks in the platform’s <a rel="noopener noreferrer nofollow" title="system" href="https://thebittimes.com/tag/system.html">system</a> and user accounts remain secure. This is how company employees responded to a statement from user X, who stated that the KYC data of the Binance user was suspected of being sold on the darknet and leaked by hackers.</p>
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    <p lang="en" dir="ltr">Our <a rel="noopener noreferrer nofollow" title="security" href="https://thebittimes.com/tag/security.html">security</a> team has assessed this – as they do all potential threats – and have confirmed there is no such leak from Binance <a rel="noopener noreferrer nofollow" title="system" href="https://thebittimes.com/tag/system.html">system</a>s. User accounts remains safe.<br><br>Accounts are secured through many defenses, including MFA, biometrics, authenticators, etc.<br><br>As always, we…</p>— Binance Customer Support (@BinanceHelpDesk) February 4, 2024
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 <p>The internet hacker previously claimed they had access to KodexGlobal’s law enforcement requests account, allowing buyers to “subpoena” user information from companies like Coinbase, Binance, Chainlink, and many other firms.</p>
 <p>Cybercrime solutions provider Hudson Rock reported that a hacker is selling access to a law enforcement request system account on BreachForums – selling the entire account for $5,000 or $300 per emergency data request (EDR).</p>
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  <p>“A worrying trend emerges as threat actors hack into the law enforcement <a rel="noopener noreferrer nofollow" title="system" href="https://thebittimes.com/tag/system.html">system</a>s of major organizations, gaining the ability to legally request personal details of users. This abuse often leads to identity thefts, extortion, and financial losses.”</p> <cite>Hudson Rock report</cite>
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 <p>Previously, the media reported that Binance sent a request to remove a Github account that distributed the company’s internal code and created significant risks for the trading platform. The source claims that the code cache, internal passwords, two-factor authentication data, and other technical information of Binance were publicly available on GitHub.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/binance-comments-on-leak-in-its-security-system-tbt78855.html">https://thebittimes.com/binance-comments-on-leak-in-its-security-system-tbt78855.html</a></p>

Binance comments on leak in its security system

TheBitTimes

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