I saw the hacking TX in the blockchain which is happened at Binance
Here is the TX https://www.blockchain.com/btc/tx/e8b406091959700dbffcff30a60b190133721e5c39e89bb5fe23c5a554ab05ea
The Hacker took 7074 BTC step by step.
But finally, nothing worry about our balance. It will be recovered by Binance
Topic: Binance hacked. 7000 BTC stolen. - page 4. (Read 1037 times)
There is already a thread about this here is the link .
But anyways just as I said on the other thread thanks to them no user funds are going to be affected.
But the trust of their user would surely be affected by this incident.
It would really be affected yet I have already pulled out my entire funds with this exchange and only make deposit when I do tendBut anyways just as I said on the other thread thanks to them no user funds are going to be affected.
But the trust of their user would surely be affected by this incident.
to make trades and not letting my coins sitting there for too long.This had been said a thousand times already that don't store up your
crypto on an exchange yet theres no certain thing when it comes to safety matters.
There is already a thread about this here is the link .
But anyways just as I said on the other thread thanks to them no user funds are going to be affected.
But the trust of their user would surely be affected by this incident.
But anyways just as I said on the other thread thanks to them no user funds are going to be affected.
But the trust of their user would surely be affected by this incident.
They ensure the funds are safe even with the hacking incident so I doubt that "Trust" is affected here. It just proves that binance is responsible enough to ensure users funds whatever incident like this could happen in the future. SAFU
For now, I believe it has somehow affected their reputation because their site security is not strong enough to prevent this.
Big investors will likely choose to diversify their funds to other exchanges.
I heard that Binance wanted to pursue a blockchain reorg to recover the stolen coins, I assume campaigning for the big miners to help him. Haha.
The miners are not stupid. They experienced the UASF, they know the community are not to be pushed around.
The miners are not stupid. They experienced the UASF, they know the community are not to be pushed around.
They decided against it in the last minute,
https://twitter.com/cz_binance/status/1125996194734399488
It is very sad that even such a stock exchange as Binance was still vulnerable. But I believe that this would still not affect its authority. Good thing she took care of that loss.
Everyone is vulnerable here and as much as they really tighten their security hackers will always find a loophole and exploit it.
7000 btc is nothing compared to binance annual profit. They have burned $30 MM worth BNB this quarter (which is only part of their profit). We could say that its a blessing in disguise that binance lost only 40 mil since now they will fix this security issue and become even safer exchange.
Yes, they said its 2% of their Bitcoin hot wallet only, but still this is a big and expensive lessons even for them. I'm sure CZ will get the best person to take a look at their security and implement measures to prevent this from happening again.
There is already a thread about this here is the link .
But anyways just as I said on the other thread thanks to them no user funds are going to be affected.
But the trust of their user would surely be affected by this incident.
But anyways just as I said on the other thread thanks to them no user funds are going to be affected.
But the trust of their user would surely be affected by this incident.
They ensure the funds are safe even with the hacking incident so I doubt that "Trust" is affected here. It just proves that binance is responsible enough to ensure users funds whatever incident like this could happen in the future. SAFU
its not a news to panic as all funds will be safe under SAFU Funds. About the market, i was predicting bitcoin, bnb and overall market to go down, at least a small dump was expected but seeing the market still in green i m happy 
Its down a little now but yes, BNB funds are safe on SAFU and I think they will use the funds on SAFU to pay for this incidents. Binance is still a good one, they can’t bring this one down easily and for sure binance will become more strict, maybe KYC will become their way of securing the exchange so be ready for the possible changes soon. 
as a famous and trusted platform, Binance should have done that which would protect customers because of the hacking incident. by having good actions and responsibilities of course this incident will not make the customer go away and in fact more people will come to support their project. maybe that's why this incident did not really affect the crypto market, because Binance was able to maintain the funds of each customer well
Well hopefully, that bitcoin lost from Binance does not have an effect on the market especially when hackers will covert the bitcoin into fiat maybe it will contribute a massive drop in the price movement. I think Binance will recover on their huge loss but I guess their costumer now have doubt on their security because of hacking incident maybe people are afraid to put huge amount fund on that exchange. 
as a famous and trusted platform, Binance should have done that which would protect customers because of the hacking incident. by having good actions and responsibilities of course this incident will not make the customer go away and in fact more people will come to support their project. maybe that's why this incident did not really affect the crypto market, because Binance was able to maintain the funds of each customer well
its not a news to panic as all funds will be safe under SAFU Funds. About the market, i was predicting bitcoin, bnb and overall market to go down, at least a small dump was expected but seeing the market still in green i m happy
It is very sad that even such a stock exchange as Binance was still vulnerable. But I believe that this would still not affect its authority. Good thing she took care of that loss.
Very sad news for cryptocurrency holders on Binance. I used to read of this exchange that, it is the best exchange in the world of cryptocurrency but what happen? does that means they aren't doing well in term of security?. The good news is that; they will pay back to these victims of the attack, kudos for such. Never keep your coins or tokens in an exchange.
This event will significantly take a toll on the user base of binance towards its security and trust. Although the company will have the shoulder the losses, the damage is more than just the compensation, as they will be losing potential users and old ones.
Once again, despite one of the most famous exchanges in the internet, everything can still be accessible and hacked. This problem should be addressed in the cryptocurrency world and maybe a shift in a form of security must be introduced.
Once again, despite one of the most famous exchanges in the internet, everything can still be accessible and hacked. This problem should be addressed in the cryptocurrency world and maybe a shift in a form of security must be introduced.
The security system should be more looked into. But i remember an incident where Binance caught a hack act before the assets were stolen out. I am sure its standard would remain still when the loses are compensated.
I do not think so. They'll definitely fix the system - whatever caused this in the first place. However, I wonder if they'd make the technical details of the hack public once the systems are patched up or updated.
We definitely need a third party audit of the hack, proving that it did happen and wasn't an inside job - which is what it mostly turns out to be. Think Coinsecure for example.
It is very sad that even such a stock exchange as Binance was still vulnerable. But I believe that this would still not affect its authority. Good thing she took care of that loss.
This event will significantly take a toll on the user base of binance towards its security and trust. Although the company will have the shoulder the losses, the damage is more than just the compensation, as they will be losing potential users and old ones.
Once again, despite one of the most famous exchanges in the internet, everything can still be accessible and hacked. This problem should be addressed in the cryptocurrency world and maybe a shift in a form of security must be introduced.
Once again, despite one of the most famous exchanges in the internet, everything can still be accessible and hacked. This problem should be addressed in the cryptocurrency world and maybe a shift in a form of security must be introduced.
The security system should be more looked into. But i remember an incident where Binance caught a hack act before the assets were stolen out. I am sure its standard would remain still when the loses are compensated.
There is already a thread about this here is the link .
But anyways just as I said on the other thread thanks to them no user funds are going to be affected.
But the trust of their user would surely be affected by this incident.
It would really be affected yet I have already pulled out my entire funds with this exchange and only make deposit when I do tendBut anyways just as I said on the other thread thanks to them no user funds are going to be affected.
But the trust of their user would surely be affected by this incident.
to make trades and not letting my coins sitting there for too long.This had been said a thousand times already that don't store up your
crypto on an exchange yet theres no certain thing when it comes to safety matters.
This event will significantly take a toll on the user base of binance towards its security and trust. Although the company will have the shoulder the losses, the damage is more than just the compensation, as they will be losing potential users and old ones.
Once again, despite one of the most famous exchanges in the internet, everything can still be accessible and hacked. This problem should be addressed in the cryptocurrency world and maybe a shift in a form of security must be introduced.
Once again, despite one of the most famous exchanges in the internet, everything can still be accessible and hacked. This problem should be addressed in the cryptocurrency world and maybe a shift in a form of security must be introduced.
So sad to hear it. Binance is a well-known exchange and have to suffer from bad cases that could reduce the trust of its customers. Btw, this is a warning to all of us to always withdraw our money after we are done with our business in an exchange site.
Very sad. I am afraid that this will greatly affect the exchange rate of the BNB token
Can't see it from that perspective because Binance still remain the best exchange due to their announcement of refunding the victims funds back to them. No one is above such incident and i believe that Binance has learn their lessons and will reinforce in terms of security. Buddy, don't be afraid while dealing with big exchange like Binance but don't store huge amount of funds on an exchange.
The whole bitcointalk forum have been filled with this news of binance hack and like I said before this is an unfortunate accident because even CZ himself stated that the hackers have displayed some weakness in the security system which will be worked on. As big as binance being hacked at this period is such a big lost 7000 bitcoin is such a huge amount.
Security all over the place, hackers will penetrate whoever it is as long as they will get something good in returned, we do see this headlines all over the forum and shared our opinions about our securities inside the exchange that we are using, it's good for binance not to try covering this out but to give some updates so investors and traders who \are using the platform will not panic and cash everything out from the site.
Very sad. I am afraid that this will greatly affect the exchange rate of the BNB token
it doesn't even give a lot of impact to the price of BNB tokens caused by the binance exchange site has announced if all of the funds are safe. you can check your balance when you have some on the binance exchange site.You should not feel worry and then try to take a look at the binance token market and you will see there was no panic sells from the holders to create a dump. It's only getting a little dump after a big pump and that means a correction.
As long as binance team still cooperative and anything will be fine.
I'm sad that I didn't purchase Binance Coin BNB when it was low last year...
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