Binance has been hacked for 7k Bitcoin ($40m)

Interesting. Binance has been putting a lot of focus on building a platform, with their Labs and Binance Coin. Hopefully those haven't become distractions away from their core offering as an exchange.

It seems like I just heard about this company a week or two ago. Did it seem to appear out of nowhere to people more tuned in to the e-currency world?