First of all, I would like to point out to you that binance was not hacked, people have always tried to take advantage of the trading bots and binance fixes it all the time.
Secondly anything can be hacked. It does not matter how sophisticated and how big something seems to be, if it is operated online then there is always the risk of it getting hacked.
Topic: CAN BINANCE REALLY BE HACKED? THIS IS UNBELIEVABLE. (Read 380 times)
I am not really sure if this is considered as hacking, the thing is that Binance API that used for bot trading and portfolio apps have been abused several times. Even though they always fixed the crack in their API system, but seems like the bad people keep find a new crack when the old one is fixed. So maybe binance should never use API at all.
Binance has been my number one Crypto Exchange website. It is much reliable where security is concerned and flexible with good user interface. It could just be a rumor that it was hacked.
Literally any website can be hacked. Binance is still the one I trust the most, they're making enough profit to cover most hacks themselves.
fake news to get people to sell out coins. DOnt fall for this! Binance is one of the most secure and well maintained exchanges in the world. If that gets hacked then its like the reserve bank getting robbed. AKA this cannot happen!! Im still happily keeping funds in there for a rainy day.
In as much as any wallet or even exchange can be hacked in crypto but if the system has good dev and management team, they will work towards making it stable and safe for use again but presently, I do not think binance system is hacked. Let's be patient and not jump into conclusion or be scared. To be on a safer side, I will suggest you to move some of your funds to another exchange that is safe and reliable.
I guess it was not hacked. But I can say, for your safety you can use a wallet and keep your token in it
Binance not a victim of hackers, cant you read? Users, traders using 3rd party software are victims. Hackers user those victims API key to set buy order to push up the price and cash out to their balance.
Lol it's the binance's fault and that's why binance was taking action to announced about the maintenance on their system to prevent the API to be used by the hackers. Binance has been taking its responsibility to the all of victims and it looks like a binance's fault. 
There’s a possibility or chance that it happen that the company of binance really be hacked,
yeah this unbelievable but nowadays this is a normal difficult issue in this kind of business.
yeah this unbelievable but nowadays this is a normal difficult issue in this kind of business.
Actually all coins in the market can be hacked because their system are internent based,
therefore one of their possible threats are online hacking, virus, bugs and any technological technicality.
therefore one of their possible threats are online hacking, virus, bugs and any technological technicality.
No any exchange is safe man. That's why I don't put all my money into one exchange. You have many choices now, go and trade on Bittrex, Kucoin, HitBTC, Huobi, Tidex... Many places for you to choose. Don't trust any exchange because if they close, all your money also gone!
Trade wisely and good luck!
Trade wisely and good luck!
It was a shock to me wake up to read the news of a HACK into BINANCE which resulted into casting away of a huge sum of bitcoin amounting to 7,000 bitcoin. That is a whopping $45,000,000.
With how much we trust BINANCE in term of cyber security and some other measures put in place, how could that happen without their techs knowing?
My main question now is what exchange do we now trust in term of security when it comes to being safe with our tokens?
https://stocksgazette.com/2018/07/03/binance-potentially-hacked-for-45-million-announces-unplanned-maintenance/
With how much we trust BINANCE in term of cyber security and some other measures put in place, how could that happen without their techs knowing?
My main question now is what exchange do we now trust in term of security when it comes to being safe with our tokens?
https://stocksgazette.com/2018/07/03/binance-potentially-hacked-for-45-million-announces-unplanned-maintenance/
Everyone is vulnerable to hacking, no excemption!
One thing is certain about Binance right now, the CEO himself allocate 10% of its income generation in trading fees goes to vault storage to compensate the unusual losing of funds, hacking, bug and the likes. This is why I love to trade in Binance. Their support is quiet fast compare to any other exchanges. That is why Bianance grows exponentially.
Popular exchanges sites never admit to having bug in their systems. Because this will affect them greatly. So whether they are hacked or not, we never know. Just remember, no system is absolutely safe, the important thing here is how they solve the problem.
Yeah, nothing is 100% secure. But I believe that Binance is one of the best platform and I've never had problems with this platform. I have been storing more than $ 2,000 on it during 3 months.
Popular exchanges sites never admit to having bug in their systems. Because this will affect them greatly. So whether they are hacked or not, we never know. Just remember, no system is absolutely safe, the important thing here is how they solve the problem.
They were attacked, but they were not directly stolen. Instead, hackers profit from other markets by pulling up one coin. This is a very clever way to do not need to raise coins on the exchange, but in other markets you can use a normal account to get huge profits.
Well, you can't tell what would happen in future, as hackers are also very smart they are inventing new techniques to hack, but at present, it wouldn't be so easy to hack Binance, as it is one of the most secure exchanges out there.
First of all, how true is this news? Is it 100 percent verified? then if it is, it is a sad news to hear, and really heartbreaking and terrifying because if an exchange like Binance was truly hacked, then it seems like our funds or trading with these exchanges are not safe anymore cos Binance is one of the most secured and highly recommended exchanges out there.
Will its not possible modern hacker now is unstoppable. Even the a government security system they can crack it. Thats why no doubt that they can crack a simple security system.
This is a very secure exchange, although hackers are finding more and more new methods of hacking, so there is nothing to be sure.
This not unbelievable, Binance can hack anytime. And binance had attacked by hackers before. So, it can happen again. I think hacker can hack any exchange in no time. Last month Bithumb exchange was hacked and stolen 32 Million USD. This month bancor got hacked and stolen 23 Million USD. So, it is not an unbelievable thing. Binance can really hack .
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