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Topic: Binance Exchange was hacked (Read 306 times)

full member
Activity: 434
Merit: 102
Leading Cryptocurrency and Blockchain Company
March 11, 2018, 04:39:34 PM
#34
Yes that is what i heard that one of the automated bots used of trades was hacked and some weird transactions made but later those transactions were reversed.Probably it may have affected the over all dump we saw during those times.This further emphasizes the need for widespread adoption of decentralized exchanges.
sr. member
Activity: 686
Merit: 262
Enterapp Pre-Sale Live
March 11, 2018, 08:42:35 AM
#33
Binance is offering a $250,000 USD equivalent bounty to anyone who supplies information that leads to the legal arrest of the hackers involved in the attempted hacking incident on Binance on March 7th, 2018.

The first person to supply substantial information and evidence that leads to the legal arrest of the hackers, in any jurisdiction, will receive the equivalent of $250,000 USD in BNB.

source : https://support.binance.com/hc/en-us/articles/360001615252
member
Activity: 140
Merit: 10
March 11, 2018, 03:41:36 AM
#32
I hope to be able to solve it completely. Now that hackers are too powerful, it is still safer to keep the money in my wallet and store it.
member
Activity: 140
Merit: 10
March 11, 2018, 01:23:08 AM
#31
However, the impact was not significant. Only some accounts were attacked, although the official treatment did not agree.
sr. member
Activity: 504
Merit: 251
March 11, 2018, 01:11:35 AM
#30
Api hacked how this happend?
member
Activity: 296
Merit: 10
March 11, 2018, 01:04:11 AM
#29
That Statement Is a Rumor For Drop Price Of Many CryptoCurrency In The Binance Exchange, I Think Many Of Trader Must Search The Information Before Believe The Rumor
full member
Activity: 1498
Merit: 146
March 11, 2018, 12:32:34 AM
#28
As far as I know, the Binance exchange was not hacked. Trade robots connected to the Binance exchange were hacked.
Yeah you are right binance exchange wasn't hacked and all funds are safe from the official announcement from the binance officials.So the people who are not trading to often move your funds to safe wallets because keeping or storing your funds in exchange wallet is not safe.
But that rumor made a huge loss in bitcoin orice and I hooe it will recover soon.
newbie
Activity: 14
Merit: 0
March 10, 2018, 11:29:59 PM
#27
Binance temporarily suspended withdrawals because users complaind of unconsented trades into BTC from their alt positions.

The rumoers was that binance was hacked. But that's not what happened. The USERS were hacked by the third party bot they were using that tried to fk them.

So binance stopped withdrawals to prevent these users from losing money from their accounts via malicious bot sending the money elsewhere.

moral of the story: watch which 3rd party trading software you're relying on.
full member
Activity: 364
Merit: 100
March 10, 2018, 11:21:36 PM
#26
As far as I know, the Binance exchange was not hacked. Trade robots connected to the Binance exchange were hacked.
newbie
Activity: 26
Merit: 0
March 10, 2018, 11:10:44 PM
#25
It wasn't hacked! The bot users who gave out their API keys had them controlled all at once to buy VIA. Binance confirmed on their twitter that it was not hacked and the hackers had their funds trapped too.
member
Activity: 280
Merit: 10
March 10, 2018, 02:39:59 AM
#24
I think that rumors about the break of the Binance exchange are counterfeit and this is another manipulation of the big players to lower the market as low as possible. I'm sure you do not need to worry that you will lose your money.
full member
Activity: 644
Merit: 100
March 10, 2018, 02:27:14 AM
#23
It was just hack of someone's API, and it was not very successful. IMHO it was special news for dumping BTC, like news about sales all BTC from people working on MTGOX.
jr. member
Activity: 112
Merit: 1
March 09, 2018, 11:53:13 PM
#22
I think one of the biggest issues with exchanges is getting hacked. This is why I support this new ICO whose exchange allows users to store private keys themselves to prevent this from happening.

https://bitcointalksearch.org/topic/m.31823480

jr. member
Activity: 165
Merit: 2
March 09, 2018, 11:37:42 PM
#21
Binance is not hacked,but some accounts were compromised,Binance was able to to determine the issue quickly and stopped withdrawals ,reversed the trades of compromised accounts.
I think the btc price is not related to binance. Partialy due to Mt.Gox liquidation sale of 400 million worth bitcoins and BCH
full member
Activity: 294
Merit: 106
March 09, 2018, 04:49:34 PM
#20
Binance published detailed information on "an attempt to large-scale phishing and theft": within two minutes, from 14:58 to 14:59, hackers, using stolen API keys, placed warrants for a pair of VIA / BTC, trying to transfer bitcoins to thirty-one accounts and immediately withdraw, however, by that time the conclusions had already been automatically blocked and the criminals themselves had suffered losses. Bitcoin fell to $ 8733 in two days.  Grin Grin Grin
sr. member
Activity: 812
Merit: 317
March 09, 2018, 04:33:06 PM
#19
According to rumors, the Binance currency exchange was hacked!
Over the past 24 hours, bitcoin has lost 10.27% of the cost, according to CoinMarketCap. The fall began at about 9:00 pm (UTC + 5) and was caused by rumors about the breaking of the second largest trading volume of the Binance currency exchange.

to bring out coins from binance exchange???
It is not a 24 hours ago it was hacked in two days ago you should but all the funds are safe in the Binance sites so it is not a issue. One big investor sell the number of Bitcoin in the one transaction so big fund is circulating the market once it will hold automatically bitcoin is going to peak you should for three days everything should be normal.

Yah. The CEO Changpeng Zhao shared in his twitter that all funds are safe.  There were irregularities in trading activity and thus the automatic alarms triggered. Some accounts may have been compromised by phishing from before".  This was shared 2 days ago. Hope now everything is in place.


The fact is that the prices for Bitcoin always have to be regulated by an artificial ole, so that a lot of Bitcoin is thrown on the market, you can somehow smooth it. And nevertheless, it concerns only one exchanger, not all. But that Bitcoin maleness falls in price.
hero member
Activity: 1680
Merit: 505
March 09, 2018, 12:11:43 PM
#18
Binance hacking is a rumor that led to a large drop in the price of all cryptocurrencies. Everything is fine and the money is safe. There is no reason to worry.
newbie
Activity: 154
Merit: 0
March 09, 2018, 10:09:17 AM
#17
Binance was Not hacked the api trending bots use like profitrailer were manipulated, those who used bots having some problems right now, if you don't use any bots then you are fully secured.
newbie
Activity: 48
Merit: 0
March 09, 2018, 10:03:10 AM
#16
I heard that problem was solved. you can trade with your alts normally. now your funds safe in binance. do your works normally.
full member
Activity: 554
Merit: 100
March 09, 2018, 10:00:07 AM
#15
really?

i dont know
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