Topic: Binance was hacked=> Everyone should be wary of your wallet and trade on Binance - page 5. (Read 652 times)
May 08, 2019, 02:51:35 PM
I know one thing! Never! just never hold anything on exchange account, dont metter good or bad exchange, hackers hunting on accounts
May 08, 2019, 02:43:47 PM
That really is an alarming situation that an institution like binance was hacked again while to be honest i was thinking that market has matured now and especially security wise, looks like we should move towards decentralized exchanges where our funds and private keys are in our control.
May 08, 2019, 01:51:04 PM
Actually I really doubt the information about the hacked binance exchanges which are now being discussed very warmly by everyone.
binance is a giant market with an extraordinary level of security and it is almost impossible for hackers to do that.
according to binary information, it lost 7000 BTC but I honestly doubt that.
binance is a giant market with an extraordinary level of security and it is almost impossible for hackers to do that.
according to binary information, it lost 7000 BTC but I honestly doubt that.
May 08, 2019, 01:50:06 PM
It is strong fact that, binance is a dominant exchange and new exchange initiatives are really attracting attention. especially the prixbit exchange I'm following closely, will really take place in the first 25 markets I think. For those interested, I would recommend not to overtake the $ 400,000 trade competition.
May 08, 2019, 01:30:53 PM
Sincerely there is no safe crypto wallet because all wallets are prone to hack. Some people will say hardware wallet is more securing than any other wallet but in my opinion, hardware Wallet is not 100% safe. Therefore, any wallet can be hacked.
May 08, 2019, 01:12:01 PM
A few months back, it was the turn of Cryptopia, and now Binance has been targeted by the hackers. This is why it is always said that we should never keep our coins in any of the exchange wallets. In case of Cryptopia, it ended well with the exchange reimbursing close to 90% of the coins. Let's wait and see what happens to the coins of the Binance users.
May 08, 2019, 01:11:24 PM
This is what must be considered by the existing crypto Exchange. Hackers can come at any time. In this matter, of course, Binance can handle it. By temporarily suspending Deposti and Withdrawal and also they have done security updates: Key Reset API.
The security update article can be seen here: https://binance.zendesk.com/hc/en-us/articles/360027851252
The security update article can be seen here: https://binance.zendesk.com/hc/en-us/articles/360027851252
May 08, 2019, 01:06:48 PM
How it will increase the price of binance it will decrease the price even it may go worst . I had faith on this exchange now it is also lost . I think now kucoin and I box will be the best crypto exchanges. Concentrate on those tokens.
Your mean Kucoin and BIBOX exchange will be the best place? Oh. great . Do you have any research on this to confirm?
May 08, 2019, 12:58:39 PM
How it will increase the price of binance it will decrease the price even it may go worst . I had faith on this exchange now it is also lost . I think now kucoin and I box will be the best crypto exchanges. Concentrate on those tokens.
May 08, 2019, 12:58:00 PM
For the short term, I don't think the price will be affected in any way. It does seem though like this hack is a win for them and also will work out in their favor the long term, as it only shows how professional they are and how they care about their users.
Regardless though, people should not be reckless about storing their funds in there just because Binance announced that the user's assets are unaffected, one should always stay in full control of his private keys, think of this hack as a way of learning a lesson.
Regardless though, people should not be reckless about storing their funds in there just because Binance announced that the user's assets are unaffected, one should always stay in full control of his private keys, think of this hack as a way of learning a lesson.
May 08, 2019, 12:51:46 PM
Worst part of the Binance hack was the Binance CEO planning on attacking the Bitcoin blockchain to reverse the transaction.
This is likely the most scandalous tweet in crypto:
https://twitter.com/cz_binance/status/1125996194734399488
This raises so many questions. He talked about it like he could easily do it. I have no reason to doubt him now, but I used to think Bitcoin was safe from this kind of attack.
These guys can inject whatever they want into the Blockchain?
This is likely the most scandalous tweet in crypto:
https://twitter.com/cz_binance/status/1125996194734399488
This raises so many questions. He talked about it like he could easily do it. I have no reason to doubt him now, but I used to think Bitcoin was safe from this kind of attack.
These guys can inject whatever they want into the Blockchain?
May 08, 2019, 12:45:12 PM
I think perhaps the exchange will compensate investors 
However thanks for your information and warnings for investors. Very good information
However thanks for your information and warnings for investors. Very good information
May 08, 2019, 12:12:52 PM
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?
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