#StablecoinPayments A Masterstroke from Binance 📍: Foiling a Cyber Attack and Recovering Millions of Stolen Dollars
Richard Teng, the CEO of the Binance platform, announced a new security achievement for the exchange's team in the face of one of the most complex hacking attempts in the world of digital currencies! The decentralized platform KiloEx was the victim of a malicious cyber attack targeting the pricing mechanism (Oracle), resulting in the loss of cryptocurrencies valued at approximately 7.5 million dollars 💸🔐.