Topic: Binance was hacked=> Everyone should be wary of your wallet and trade on Binance - page 2. (Read 652 times)
May 09, 2019, 07:11:42 PM
Even if they was hacked they give back coins to users from their fee they get and this can only be a good thing, the only i thinked maybe can be wrong to roll back bitcoin transactions.
May 09, 2019, 07:09:30 PM
Binans skillfully solves any problems that arise, it's cool. I think the BNB price could go up. I have always liked Binance solutions in all matters.
May 09, 2019, 06:24:43 PM
This hacking event on Binance is a wake up call how important security in crypto is. It was a sophisticated attack and Binance is investigating what exactly happened and how many accounts become vulnerable. I think this was an insider job or done by insider information, but let`s wait they investigate how it could happen.
May 09, 2019, 05:54:11 PM
I don't use binance too much and also if I use the market just to trade and also participate in events held there and never make the market a wallet, if I want to secure better assets, use a personal wallet and store it there, but for binance I recognize CZ very responsible and will compensate for the case
May 09, 2019, 05:52:01 PM
With the way he spoke about it fairly, I feel this was some kind of FUD even though the market didn't respond to it in a magnanimous way.
May 09, 2019, 05:43:24 PM
For the last time people don't ever leave your funds on any exchange and i am very impressed with how CZ has really handled this situation. He has been really truthful about the whole situation and i heard he has promised to refund all the 7000BTC that were stolen. That's really impressive!
yeah, i also really like the attitude of those who are fully responsible. that's why their customers still choose binance as a good exchange.
we cannot guarantee the security of an exchange in full. no matter how strong their security is, surely some irresponsible people will look for gaps to infiltrate it. so we must always be vigilant and indeed we should not save our money for too long in any exchange.
May 09, 2019, 05:29:48 PM
For the last time people don't ever leave your funds on any exchange and i am very impressed with how CZ has really handled this situation. He has been really truthful about the whole situation and i heard he has promised to refund all the 7000BTC that were stolen. That's really impressive!
May 09, 2019, 05:20:17 PM
I really trust binance will stand to this trial that have befallen them.
I believe there won't be any glitch trading on this exchange despite the hack.
I believe there won't be any glitch trading on this exchange despite the hack.
There already was a big enough glitch. CZ admitted that they were unaware of the exploit and were caught by surprise. What makes you think there will never be any surprises? What makes you think their margin of error is endless? If they lose enough money they will file for bankruptcy and you won't be able to withdraw your money.
Some people really need to lose money to learn something but it's too late by then.
May 09, 2019, 01:34:11 PM
I think that this event is generally expected and it seems to me that people understand this and in general there is no such serious reaction that would have shown a big decline today. I think this is somehow understandable.
May 09, 2019, 01:21:04 PM
The thing is the explination they provided for the hack does not add up with the actual withdraw they posted which came directly from the hot wallet.
Also if 7000 BTC were missing/withdrawn from Traders/Users accounts through their API`s wouldnt you think that some of them would open reddit posts or complain somewhere that their funds are missing ?
On the other hand if they got access to their hot wallet wouldnt they withdraw bigger amounts ? why only 7K btc ?
+ the last month BNB pump just adds up to the susspision that all of this is more likly staged than true..
Also if 7000 BTC were missing/withdrawn from Traders/Users accounts through their API`s wouldnt you think that some of them would open reddit posts or complain somewhere that their funds are missing ?
On the other hand if they got access to their hot wallet wouldnt they withdraw bigger amounts ? why only 7K btc ?
+ the last month BNB pump just adds up to the susspision that all of this is more likly staged than true..
May 09, 2019, 01:16:32 PM
I really trust binance will stand to this trial that have befallen them.
I believe there won't be any glitch trading on this exchange despite the hack.
I believe there won't be any glitch trading on this exchange despite the hack.
May 09, 2019, 10:47:10 AM
So keep your money in your wallet. And do not forget your coins. But in other things for traders is a big problem. Due to the fact that the exchange charge a fee, they can not constantly enter and withdraw their money. Too much loss in long-term work. It is better to ignore small exchanges, there is a very weak protection.
May 09, 2019, 10:36:30 AM
I heard binance will be responsible for this case and will return the lost funds. and this is a good thing because binance shows a good commitment to solve this problem.
and I will still use binance, even though now the security is questioned.
I also heard information about their responsibilities and compensation, they will almost guarantee all the assets of the investor and accept the damage, this is really a very unexpected way of handling and with this method, I believe very few people will be wary of binance, people will have more faith in this exchange. After this event ends and the holes in their system are thoroughly removed, their reputation will rise higher and the value of bnb will probably increase when newbie begins to move to this exchange and I will still use binance, even though now the security is questioned.
May 09, 2019, 08:58:25 AM
I heard about it in Crypto News that hacking binance and steal big binance exchanger so some are afraid to trade in binance but you should not be nervous because the team binance is already fixing their exchanger can not really avoid it because many hackers the smart and able to access websites with security exchangers that are strictly secure but eventually hackers get in and about stolen money there is a guy who donates 7000btc so it's just as great to marecover the losses.
May 09, 2019, 08:50:30 AM
there is no safer wallet than hardware wallet.. users funds are safe and it was not lock..but for this binance attack i'm in doubt 
May 09, 2019, 08:43:54 AM
If you guys worrying then leave on that exchange stop holding wherein find a safe place where you can put your money. If you own BNB token then covert it immediately because soon it will decrease price because moslty ppl nowadays spreading awareness about the issue which surely can caused panic selling.
May 09, 2019, 08:30:35 AM
At 17:15:24 on May 7, 2019 (blockchain time), Binance discovered a massive security attack. Hackers have captured a number of API keys, 2FA security codes and some other information. Criminals have used a variety of attack techniques, from phishing to viruses and other attack tools. There may be some accounts that have been hacked and have not been found yet.
Hackers took away 7,000 BTC in a transaction below: https://www.blockchain.com/btc/tx/e8b406091959700dbffcff30a60b190133721e5c3
Binance claims to use the SAFU fund to make up for all lost assets. Therefore, users' assets are completely unaffected. It is important that the deposit / withdrawal will be TEMPORARY in this week. During this time, trading activities were still normal. Hackers may still be controlling some accounts and can use them to influence prices. Binance will closely monitor this situation.
But the floor believes that with the suspension of withdrawal, there will not be much motivation for hackers to manipulate the market.
=> Everyone should be wary of your wallet and trade on Binance
Do you think the solution of Binance will help increase the price of BNB?
Hackers took away 7,000 BTC in a transaction below: https://www.blockchain.com/btc/tx/e8b406091959700dbffcff30a60b190133721e5c3
Binance claims to use the SAFU fund to make up for all lost assets. Therefore, users' assets are completely unaffected. It is important that the deposit / withdrawal will be TEMPORARY in this week. During this time, trading activities were still normal. Hackers may still be controlling some accounts and can use them to influence prices. Binance will closely monitor this situation.
But the floor believes that with the suspension of withdrawal, there will not be much motivation for hackers to manipulate the market.
=> Everyone should be wary of your wallet and trade on Binance
Do you think the solution of Binance will help increase the price of BNB?
It's good think for me that I've already withdrawn my balance on binance just before it was being hacked but the long term effect is that, I cannot longer bring back the trust that I have on binance before and now, maybe I could try to access and trade on other platform this time. What important for me this time is the profit that I can get from the uprising bitcoin.
May 09, 2019, 08:25:18 AM
Bad news always leave bad effect so due to hack in Binance it will effect popularity as Binance is the most trustworthy and top rating exchange. This type of news will badly effect the crypto market all good exchange must make their exchanges full proof to avoid hacking.
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May 09, 2019, 07:38:44 AM
I heard binance will be responsible for this case and will return the lost funds. and this is a good thing because binance shows a good commitment to solve this problem.
and I will still use binance, even though now the security is questioned.
and I will still use binance, even though now the security is questioned.
That will be great news for the members because they don't have to worry about their balance. And if the members got a loss in their balance, I think binance will solve the problem and will return the lost funds. So far, binance give a good attitude to protect their members and they operate until now and not making the hacking news makes traders worried.
May 09, 2019, 06:05:20 AM
If I am not mistaken, this is the first hack of this exchange. What is very bad for the whole market, and binance you may wish to recover from the blow as soon as possible and become better.
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