Binance Hit by Major Crypto Hack
Listen to the story
Binance is a big company for buying and selling crypto. Crypto is digital money like Bitcoin. Someone has hacked Binance. A hack means a person breaks into a computer system to steal or harm it.
This could be the biggest crypto hack ever. People do not know yet who did it. Experts are still looking at what happened.
Many people keep their money with Binance. Now they want to know: is my money safe? Right now, we do not have all the answers.
Binance has not given many details yet. People are waiting for more news. This story is still new and changing fast.
Crypto hacks happen sometimes. They can cost a lot of money. People who use crypto exchanges like Binance should watch the news for updates.
Vocabulary15 words
- crypto
- digital money; not real paper money
- hack
- when someone breaks into a computer to steal or cause harm
- exchange
- a place or company where you buy and sell things, like crypto
- steal
- to take something that is not yours
- digital
- made of computer data, not physical
- company
- a business that sells things or services
- details
- small facts about something
- update
- new information about something
- safe
- not in danger; protected
- expert
- a person who knows a lot about something
- system
- a group of parts that work together, like a computer network
- money
- what people use to buy things
- news
- information about recent events
- biggest
- the largest of all
- watch
- to pay attention to something
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Quiz
Answer key
1. It was hacked 2. A crypto exchange 3. False
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Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Binance is a big company for buying and selling _____.
Someone has _____ Binance.
This could be the biggest crypto hack _____.
People do not know yet who did _____.
Many people keep their _____ with Binance.
Now they want to know: is my money _____?
Binance has not given many _____ yet.
People are waiting for more _____.
This story is still new and changing _____.
Crypto hacks happen _____.
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