BINANCE -HACKED | Bitcointalksearch.org

cunguks

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Quote from: edisystem on May 13, 2019, 11:23:40 PM

Right? Even big exchange like Binance can be hacked, so small exchange is in a risk too. Remember to be safe about your coins and don't stored your coins in exchange.

Btw let's move on guys, no one talk about this hacked incident anymore and forgot about it because bull run is on the run right now.

indeed the binary exchange news was hacked like losing because of an increase in the price of bitcoin that occurred. but binance has overcome the problem, and now I don't think the impact is so great. now the developer will renew the security system to protect the security of the peddlers.

edisystem

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Quote from: sabine80 on May 13, 2019, 08:05:18 PM

i never thought binance would be hacked. 7000 bitcoins are really a lot of money lost again. but still, binance seems to cope with this hack. fortunately, this hack does not strangle the new bitcoin bull run.

Right? Even big exchange like Binance can be hacked, so small exchange is in a risk too. Remember to be safe about your coins and don't stored your coins in exchange.

Btw let's move on guys, no one talk about this hacked incident anymore and forgot about it because bull run is on the run right now.

sabine80

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i never thought binance would be hacked. 7000 bitcoins are really a lot of money lost again. but still, binance seems to cope with this hack. fortunately, this hack does not strangle the new bitcoin bull run.

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Quote from: sana54210 on May 10, 2019, 06:56:05 AM

Quote from: jonaire99 on May 08, 2019, 10:00:21 PM

The users' funds in binance are safe according to CZ so there's no worry about that. But what is worrying is the hacker's method of hacking one of the safest cryptocurrency exchange by passing through users according to the report. I hope Binance will address this security flaws successfully in the future.

I am a very big fan and believer of Binance, but I still doubt the genuinety of this hacking, Binance is too good to allow such a thing to happen, I know they are not God and also not above mistakes, but they have too many experts security wise to have not seen this lapses in the system that made the hacker gain access into the hot coins.

I really hope that this was not an internal hacking and serious investigation really needs to be done. It will be difficult for an external hacker to really crack down a whole system of Binance, and if it is really an external hacker, Binance really need to watch their back.

In most cases someone inside the organization is part of the hack, while it is possible to hack an exchange without internal help things get a lot easier if they can get someone inside their target, and when you take into account that many security experts in the past were hackers then it is not difficult to imagine that was the case, but even if we are right I doubt that binance will ever accept that since that will damage its reputation even more.

pageraji

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Quote from: asder250 on May 12, 2019, 01:40:40 PM

I have heard about some conspiracy theories that saying that Binance lost 7k Bitcoins because they tested SegWit upgrade Cheesy

Who knows where is the truth.

found this on telegram :
The Pump on BITCOIN you See is Purely Manipulative We Feel

Bcoz

1. You Know Bitfinex FUD going on That There are Possibilities Bitfinex Might Lock Up Tether (USDT)
So What will Happen is Users on BitFinex Won't Be Able to Use Their Tether Balance.... Which is a Big FUD, BITCOIN Pumping.

2. This Brings me to The 2nd Point Which is Binance 7000 BTC Hack So That Binance Could Stop Withdrawals and Deposits. and That's Another Reason Behind, Bcoz ALTS are Dying So Whales/ People Have Only One Option Left for Trade Which is Trade on BTC/USDT Pairs, BITCOIN Pumping

3. Also at The Same Time Rumors Say That BINANCE Might be Developing Their Own STABLE Coin Which Could Only Be Done by Moving from USDT to The Newly Binance STABLE Coin. So Whales Will Buy BTC Rather than Holding USDT. Right...? and BITCOIN Pumping

Just We Would Say IF Bitfinex Starts USDT Withdrawal and Also Binance Withdrawal will Be Enabled by Next Week BITCOIN will Start The Correction and Possibly Could Dump 500 - 1000 Dollars, And Expecting to Hold Above 6K Dollars

aamirsuh

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There is a need to get rid of this hacking incident. Binance has been in the care for so long. CZ needs to explain in detail. Those who have money inside are still in trouble.

asder250

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I have heard about some conspiracy theories that saying that Binance lost 7k Bitcoins because they tested SegWit upgrade Cheesy

Who knows where is the truth.

Lawrenzoo

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Quote from: bonker on May 12, 2019, 11:12:57 AM

Why they want to ruin their reputation for 7000BTC,they might earned lot more than hacked amount in few months because they are the best crypto exchange available at the moment and also they said refund will be given for all the user funds so there is nothing fishy about the binance hack.

It will really unfair to think they would have done such a great fraud, what would they really stand to benefit from that. People really need to think straight before making some assumptions that are not real; their profit base alone is far more than what was stolen since they have biggest volume, which even made them to reduce the cost of trading and transacting on their platform.

We know they are great exchange and have promised security for their users, but those hackers too are smart, which that is what some of them even studied, so now that the mistake has been done, instead of attributing it to them, we can just make suggestions to them to if we have any better idea on how they can protect their system.

ajqjjj

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Quote from: bonker on May 12, 2019, 11:12:57 AM

Why they want to ruin their reputation for 7000BTC,they might earned lot more than hacked amount in few months because they are the best crypto exchange available at the moment and also they said refund will be given for all the user funds so there is nothing fishy about the binance hack.

Binance issues are not a big affect in crypto market so people are stopping the hacking issues. But current situation market is move to backward fastly so some people are panic in this situation. I think again we are all waiting for 7k USD because some fluctuation is confusing the investors, Now we should not worried about the binance hacking issue.

Reid

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Aint they all fishy?
Coinrail, that Korean exchange and more. They are all fishy.

Inside job or whatever it is, whatever is loss should go back. If not, then it is okay for me specially when it is bitcoin that is hacked. The hacker wont sell all of a sudden. He will wait for that problem to cool down and then maybe sell at some point of time.
What good does it make? When more bitcoin is loss the value of it goes stronger.

Again, for the fools that will read this.
It is not bitcoin which is the scammer. The exchange loss the coin and it is for them to start digging about it. Do not make bitcoin as an exchange. It is a currency.

bonker

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Why they want to ruin their reputation for 7000BTC,they might earned lot more than hacked amount in few months because they are the best crypto exchange available at the moment and also they said refund will be given for all the user funds so there is nothing fishy about the binance hack.

D3m1r4wanti

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Quote from: coinswebid on May 10, 2019, 12:46:47 PM

if i'm not wrong this 7000BTC is only 2% from all Bitcoin at binance, wich mean this will not affected the stability on binance
but this issue was the second issue on binance, and binance should learn from this, and give more security system on their platform

it just doesn't matter, I just found out that the volume of bitcoin in Binance is that much, up to BTC7000 is only 2% of the total. this is great. I believe binance is a truly bona fide exchanger

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surprisingly, large exchanges at the binance level can be hacked. At first I thought there was a system upgrade when there was a notification of API Key changes, apparently after that there was news that Binance was hacked.

edisystem

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Quote from: akitha on May 08, 2019, 12:09:34 AM

What are your thoughts on this https://www.coindesk.com/hackers-steal-40-7-million-in-bitcoin-from-crypto-exchange-binance??
For me there is something fishy about binance hacking.. and regarding justine sun post on twitter about depositing 7k BTC?hmmm

Nah it's not fishy, it's a true hacked for me. Who is that justine guy, i never heard of him, maybe just an attention seeker. Actually the price of binance coin is decreased a few days ago when the news about binance hacked pop out.

Fortunate BNB is recovering right no and the price start going up again.

pageraji

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Quote from: Piggy on May 08, 2019, 12:59:10 AM

Quote from: akitha on May 08, 2019, 12:09:34 AM

and regarding justine sun post on twitter about depositing 7k BTC?hmmm

Justine Sun is just an attention whore and i would not expect anything less than trying to take advantage from the situation by getting some free publicity, then he will probably back out from the deal at the last moment

https://twitter.com/justinsuntron/status/1125932499761225728

yes justin sun just want publicity since the deposit is not available then how to add 7k btc? this guy is really good actor Grin

coinswebid

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Quote from: D3m1r4wanti on May 10, 2019, 07:32:47 AM

Quote from: cygan on May 08, 2019, 02:19:17 AM

the 7000BTC were stolen from a hot wallet. the user deposits are all safe and were not affected by the hacker attack.
what surprised me and what is also good that the BNB token has not lost much in its value Wink

that's proof that Binance Exchange does have loyalty and responsibility to its members.
7000BTC is not a small amount, but it is proven that losing that much assets does not affect anything to Binance Exchange and its reputation.

if i'm not wrong this 7000BTC is only 2% from all Bitcoin at binance, wich mean this will not affected the stability on binance
but this issue was the second issue on binance, and binance should learn from this, and give more security system on their platform

zhekinsp

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Quote from: akitha on May 08, 2019, 12:09:34 AM

What are your thoughts on this https://www.coindesk.com/hackers-steal-40-7-million-in-bitcoin-from-crypto-exchange-binance??
For me there is something fishy about binance hacking.. and regarding justine sun post on twitter about depositing 7k BTC?hmmm

Binance were hacked but no users funds will be lost,this news almost available on each sections. Roll Eyes

Will post here if anything informative about this issue here.

Irazzzta

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Nothing is safe in cyberspace, hackers are always looking for vulnerabilities from website security systems.
The most important is Binance's responsibility that makes users exchange safe. This is the right step to keep traders using Binance, as did Justin Sun giving support through his tweet.
And after Binance was hacked, the price of bitcoin skyrocketed. I think this is quite strange, does anyone feel the same with me?

D3m1r4wanti

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Quote from: cygan on May 08, 2019, 02:19:17 AM

the 7000BTC were stolen from a hot wallet. the user deposits are all safe and were not affected by the hacker attack.
what surprised me and what is also good that the BNB token has not lost much in its value Wink

that's proof that Binance Exchange does have loyalty and responsibility to its members.
7000BTC is not a small amount, but it is proven that losing that much assets does not affect anything to Binance Exchange and its reputation.

sana54210

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Quote from: jonaire99 on May 08, 2019, 10:00:21 PM

The users' funds in binance are safe according to CZ so there's no worry about that. But what is worrying is the hacker's method of hacking one of the safest cryptocurrency exchange by passing through users according to the report. I hope Binance will address this security flaws successfully in the future.

I am a very big fan and believer of Binance, but I still doubt the genuinety of this hacking, Binance is too good to allow such a thing to happen, I know they are not God and also not above mistakes, but they have too many experts security wise to have not seen this lapses in the system that made the hacker gain access into the hot coins.

I really hope that this was not an internal hacking and serious investigation really needs to be done. It will be difficult for an external hacker to really crack down a whole system of Binance, and if it is really an external hacker, Binance really need to watch their back.

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