Bitcoin Forum

anybody know anything about binance issue atm ?

As far as I know no issues with Binance currently.
I logged in successfully just now.
What issues you have?

same for me. but all alts get dumped

There's a thread on Reddit... seems to be related to a trading app.

https://www.reddit.com/r/CryptoCurrency/comments/82p64e/binance_hacked/

I just logged in and checked my tokens.
The website works fine as usual.
May be you have problems with access to the network?  ???

I have heard that binance was hacked today,auto selling all altcoins with all of the users then buying viacoin so that was the hacked any those hacker has made millions of dollars already,that is why most of the people have done panic selling because their holdings were hacked,this is the first time that binance exchange was hacked.

That is awful ,i have lost 2 btc with this hack,via coin was pumped x1000 in just two minutes how the fuck is that happened?this is why most of the people are selling their altcoins,because their holdings were hacked in binance,it worsen the situation but hopefully binance will resolve the issue,widrawal of the coins are disabled right now. :'(

huhh?? much better to get a link of a resource. because it can cause panic to those have funds in the said market. i hope this is hoax or another fud. i also logged my account at binance and it looks fine.

ı have no issue. but ı saw lots of ppl on twitter they saying their all alts sold and someone bought via coin with all btc.

roll on blocknet and komodo

Looks like people got their api keys taken by using a compromised bot.

From another user

You can check the reddit and their twitter account,binance hasd already disabled the widrawals now.
https://twitter.com/hashtag/binance? check the posts of all the users in twitter,check the viacoin in binance now so you would know it was hacked.
It is confirmed now,this could cause another market crash today so expect the worst.

Craziness.  I had no idea this was going on and have been trading on binance all morning.  My funds are totally fine and normal.

I just figured it was a fluke pump and dump group that was doing via.

It seems that the most logical explanation is the faulty bot one.
Or the my own pump and dump one.
Or...
Wow who knows?

There's a lot that doesn't make sense here.  If someone really was able to hack all these accounts, why would they go about pumping via?
wouldnt they just steal and withdraw the hacked accounts coins right away?
Right after all this suspicious activity, binance blocked withdrawals so the mastermind thief has all of his profit stuck on binance.
And this is blockchain, binance is tracking the movement of the coins right now as we speak.
Unless you liquidate and dissapear right away, you've stolen, but you really haven't actually gotten any real cash.

Anyways, binance has been really upfront and professional about dealing with things so I am confident it will work out.

Hello CoinBalance, I do not have any problem with log in to BİNANCE. The site working without  any problem

Just cause alts are getting dumped doesn't mean that Binance got hacked. Seriously stop with these FUDs. Binance is a good exchange and them getting hacked could be catastrophic for the crypto world. So next time only post such a thing if you are sure about it.

I do not know who started these rumors. I did not see any comments from the victims. No statement from the developers, either. All my assets are in their place. Perhaps this is just a rumor. We need to wait for Binance's official annoncement.

I think binance disabled withdrawals so they did the VIA thing.

I just went to Finance, the withdrawal is not available , but all my funds in place, maybe you neglected security ? While writing this post I saw the news about this , it seems that what happened and exchange problems

Is this for real? I guess i should check but I am a bit scared to now  :o I dont think I have much in there anyway

ı know ı can log also and no problem in my portfolio but lots of ppl tweetting about hack.

Looks good you should check it yourself,viacoin is pumping without fundamentals and all the altcoins are red? it was confirmed already so some reseach first before saying any baseless statemets.It is already confirmed check the reddit posts widrawals are disabled now,people should always be vigillant so wont be late with any news.

no worries than lol

probably not. Binance is actually good . it is the number 1 volume of btc crypto trading . what problems do you encouter in binance ? may i know ?

Guys ,something serious has happened ? Bitcoin has gone down very strongly . But I think this news was released specifically because they want to drop BTC very low for purchase

Guys, consider something like this just happened:

Hacker hacks API keys.

Pump the shit out of VIACOIN (max was 10,000%).

Puts high sell orders before.

Knows this would crash the market and then dumps it on Bitmex, margin shorting.

HOLY FUCK. THIS GUY PROBABLY MADE ABOUT 500 MILLION IN an hour.

Tether up guys, we gonna take a hit now

But Binance is not hacked . just hacked into the trading robot and stole all the API keys and made a purchase VIA by all means of people . But this is of course the historical picture , this pump was . I'm shocked

Crazy but its true,the must be a viacoin fanboy that is why he pumped it or the system has really glitches or the bots in binance has really fucked up,my altcoins were totally sold but i didnt do that,lets hope that this hack would be fixed morelikely its a glitch from the bots,how the fck that coin would be pumped in just few minutes? they alread disabled the widrawals now.

I just learned from the news that the Binance stock market was hacked and I just learned it through social media. When I logged in to check my account immediately, it made me feel a little relieved that I did not take any action from my account. I hope this event will be an important lesson for all people not to use the stock market like a wallet. According to the information given in the meantime, VIA / BTC purchases were realized at very high prices. Especially in the last 24 hours, x1000 has already attracted attention.

1 hypothetical according to some of my group in the API.

This API also some add to the software to manage that account.

But BOT is the general buy BOT trade auto also add API to the BOT then give it the right to trade without the right to withdraw, so when I saw the VIA fly too, bot it auto purchase ....

I guess that's it. But they hacked Hack so the FUD afraid to sell sml fortune to the storm ... who cut cut it tomorrow Binance it's published reasons then cut yourself kiu.
Those who use auto trade and do not use 2 fa to expose api are hacked to push up the sky!
Don't panic sell and hold!

What happened? All the channels spread rumors that the stock exchange Binance hacked. Nobody broke into the stock exchange!
Hacked the app or the bot which is a connected API exchange and traded. Then created the algorithm and purchased from all accounts VIA coin, after which the growth was mad thousands of percent!
Be careful with connecting the API to different bots and applications, and then for you can buy once again when something on the hay.
After that, Binance acted on the Protocol and closed the conclusions to try to understand everything. And this provoked the fall of bitcoin and in consequence of the altcoins.

I'm fairly sure you're right up until the reasoning for the fall in bitcoin price. I'm fairly sure that the bitcoin the guy earned from selling VIA at a huge price was then dumped on to the market for fiat. Throw in a big wave of panic at the same time and that's where the fall comes from. Fortunately unless things are revealed to be worse it should be over by now.. Binance are going to have some explaining to do.

Probably he is in the other side of the earth celebrating in his lambo car right now,lol lucky monkey he did an easy money with that hack,API keys might be the reason why those people has sold all of their altcoins for the VIACOIN,the person who did that has millions of dollars in his pocket.I believed binance cannot recover those sold altcoins because the hacker probably got the funds in his ledger .

I think that I notice posts on here of people having issues on that site. Maybe they are planning a runaway?

Just checked my binance account and everything is fine :) I can see what you guys are saying that viacoin got pumped to hell and back and that this bot hack could be real... but then again... why do you use bot and give your api to 3rd party source ??

Binance hack is the worst case scenario for Crypto!
Massive bloodbath happening right now ...

Nope, not hacked.
Binance CEO have been actively updating on Twitter.

According to Binance CEO, due to an issue during maintenance, traders in one country using their server there encountered a bug that sold their altcoins for BTC. Binance is fixing this for those affected now.

I guess it was not hacked because customers token have been sold in the market but not transferred into another account. May be it is a technical issue with their system.

ı have no problem pls read, rest of the post

There is information about binance has been hacked and there are some people login account is successful but can not make transactions. As a result, bitcoin and altcoin are discounted at 5-10%.

People should stop spreading FUD about. Previously it was the end of bitcoin now it's an exchange Binance for that matter.

People who give their rights to bots should be careful too.

Trading bot used by majority of people on Binance got hacked; not Binance.

This is why I am staying away from using trading bots, and doing it the old fashion way.

People who are using a particular trading-bots which got hacked got all their altcoins sold off into BTC, and bought VIA.
Could this hack be a scam by VIA-coin?

https://www.financemagnates.com/cryptocurrency/news/binance-suspends-withdrawals-trading-bot-hacked-users-accounts/

My friend it is confirmed the widrawals in binance has been disabled,someone has get into the APIs of these users so that he managed to sell their altcoins and got those funds to buy those viacoin which he has already set the buy order before it happened,lucky hacker gas made millions of dollars in an hour it could crush the whole market.

It looks like they've reacted very fast so there won't be huge losses for sure. It's a really important precedent for the crypto market and Binance as well. I hope it wouldn't cause another huge correction at the market.

There are rumors floating around that Binance is hack which appears to be the reason for the recent dump. No problems as far as I am concern.

Wow FUD? do you even use binance? did you lose something from this event if not you should shut it.A lot of users has sold their altcoins for bitcoins and then forcely bought VIACOIN,could this be a FUD if i experienced that already? either binance was hacked or those bots ,but for your information i dont use bots and how the fck that happpened?

this is nothing about fud. and also not the only one who get hacked by using trade bots. ppl get hacked while using just 2fa. this is REAL HACK!!!!

finally some reasonable information and explanation. Who is trading via bots anyway? have you really seen someone making profit this way? If I had working bot why would I share with others?

Yeah its actually 3rd party API running on Binance to automate trading, e.g. those annoying trading bots.
I think the automated trading is done via real-time technical analysis.
Binance accounts are safe. Perhaps a good thing that those bot users got burned.

Decentralized my arse. One exchange has a problem with a third party software and the market bleeds red.

This is really annoying,bots API got hacked and not binance? how would people know that if this isnt a hack incident? either of the two binance has some adequate informations if the API was hacked why would binance didnt notice that hole easily?shouldnt blame the bots because it was their fault they are okay with the use of those bots that is why people can freely use these shts.

I'd not share the bot which is really profitable. Even with the paid subscription. It looks like such bots will lose their popularity after this case. And it will be the harsh lesson for the crypto community.

I dont quite understand how these APIs got compromised without binance's security breach? are these bots have been using binance's API? surely binance has something that they dont want to tell us,it wont be possible if binance doesnt have data glitches.I dont find any good reason why these bots are being blame by binance?

This is why cryptocurrency won't go mainstream that easily. Definitely need some kind of regulations else our money will be in the hands of wrong men. Decentralised exchanges won't help because etherdelta was hacked numerous times. IDEX also had some problems.

If the APIs got compromised why did binance allow these third party applications to be used in the first place? they are blaming the bots for this incident clearly they are compromised,if those bots can hacked any user's APIs all of the binance users will be affected.Losing your money with these glitches surely will make your arse burned probably the hacker has millions of dollars in his hardwallet.

no problems with Binance, my trading and exchange smoothly as well as time deposit and withdrawal. very scared once i hear the market in the hack

There is huge fud and negativity about binance hack today that is why market has already crashed but there is still no official update from binance or anyother authentic source.

Check CZ's tweet, he mentions something related to the incident: "There were irregularities in trading activity, automatic alarms triggered. Some accounts may have been compromised by phising from before."

He's a legit source so something definitely happened / is going on.

Yeah binance will surely deny those facts that there are some glitches in their security,why only those bots got hacked? why are they allowing these bots to be used in the exchanges? these bots wont get the user APIs if they dont allow it.,they are the one to blames not the bots surely these hackers find some holes to the system that is why it is happened.

Seems like a compramised api trading app. My funds are safe for now. i disabled my api now and will create a new api after few days.
lets wait for a tweet from binance about this issue

It's been long time that i haven't used Binance. But I was reading some articles and Binance didn't get hacked. But the automatic trading bots using API's got manipulated making people lose balances, automatic selling and buying of coins. But Binance didn't get compromised. Such FUDs keep hitting our marketplace every now and then in order for people to lose their faith and panic sell. Stop listening to them altogether.

This is a good lesson for those who use bots. I think that on stock trading it is necessary to completely prohibit them, as this will unbalance the market.

If the hacker find holes to get those APIs from these bots surely binance has something to do with that,its their responsibility to prevent these events to happen,they are denying that they were hacked and only those APIs from the bots,LOL first they shouldnt allowed these bots to use their platform because it will unfair for those small investors trading blindly.

According to this https://www.coindesk.com/funds-safe-binance-denies-crypto-hack-rumors/ all the funds are safe.

But we must be cautious if a hack did happened it is too soon to tell if everything is OK or that binance will admit it right away however right now I'm going to rely on what it is on the news and say that this is probably a misunderstanding or some kind of FUD, I do not have my money there so I'm fine, but it will be a good idea to check if everything is OK in your account.

https://twitter.com/cz_binance/status/971476396278099969

Legends! :)

Geez they didnt even tried to apologize for their shortcomings,they are blaming those incidents to the bots that these users are using.Probably the hackers got some openings from the system and binance didnt notice those holes until today,that good hacker knows the glitches with these exchanges and he could be use as an asset if you ask me.

One of bot was hacked.
If you didn't use some bots via API don't worry but be careful if you work with bots or something like this

The stock exchange itself was not hacked, accounts were compromised, and API keys were lost.

It was already being fixed,i doubt the bots are the  ones to blame,binance should blame themselves because they are allowing the use of these bots ,it is unfair for those people who are trading manually,the market would be better if these bots will be removed permanently that is why i still choose to use these exchanges with less bot traders.

Yeah, it's official information. Hacked those who used the API, fortunately the withdrawal of money is frozen.

It was already being fix by the binance,the trades will be revert back they have announced it already in their twitter account,this is awful incident and people will be more vigillant using this exchanges,compromised APIs are unacceptable because they should know it before the hack,its their job to make sure that our accounts wont be compromised.

I guess so? they have disabled the widrawals and it only confirms that the exchange has some problems ? they are blaming the users for using those bots but if they ddnt allow the use of these traing bots the APIs wont get compromised,its the binance's fault in the first place not the users,what the heck with these exchanges? that is why i dont put my whole portfolio with these exchanges.

all rumors . binance announce that on their twitter account. but a lot of people lost they money on binance as i heard .this isnt mean binance is hacked i  think these people made bad decisions about in  some other places and they got hacked not binance

What exactly is the problem with the exchange? Today I trade on the binance and everything was fine

Rumors of Binance being hacked surfaced earlier this day when some users reported unusual trades being triggered through their accounts. The Binance CEO Changpeng Zhao has assured users that their funds are safe.

https://coingape.com/binance-hack-changpeng-zhao-assures-funds-are-safe/

The problem is that all withdrawal are suspended. Have anybody any info when withdrawals will be open again?

Ten minutes ago I have made a deposit to Binanse. I read some about problems a time later. Don't frighten me. Binanse good exchange. Fast reaction to a problem speaks well for them.

Few hours from now when they revert the trades already,most of the people who got hacked lose a lot of money that is why they have suspend the widrawals from the exchanges,it was annoucned it the official twitter of binance they will fix the trades and then re-open the widrawals when all of the issues are resolved.

I was shocked when i noticed that the VIA coin was pumped x1000 in just few minutes,the attacker has indeed tested the security of binance,because it has some holes that is why that person has stolen APIs from the users,binance should be responsible to all of these because they need to be sure that our accounts are safe from these people.

I hope so too. I really like this exchange and I consider it one of the most reliable. I believe that the Exchange administration will take all possible measures to resolve the conflict. Now I'm waiting for good news.

Hope you're kidding. It is interesting that you haven't thought to attend those events

Binance have recently confirmed that they were not hacked, there was simply a mistake causing certain transactions to occur. These have now been reversed by the Binance team, your accounts are safe.

Check the following thread for more updates;

https://www.reddit.com/r/CryptoCurrency/comments/82pf9i/warning_issues_on_binance/

Affected only those who used API keys, for example accounts who used bots for day traiding. Binance is working but you cant withdraw for now

Well that is expected response from a repuatble exchange like binanace,they wont admit that they were hacked they are blaming the bots has been compromised which will be prevented when they didnt allow this bots to trade in their exchanges,in all angles it is still their fault they should secure all the accounts from these attackers.

What a shame,thousans of accounts where compromised this shouldnt be blame to those bots because if these hackers didnt see some holes from binance's system there wont some events like this,i am securing my holdings from binance and moving back to bittrex because i dont really impressed to what i have experienced to binance.

Their reputation has been compromised,they dont have any issues from the past surely most the users will pull out their funds after this event,though they have prevented the hackers from widrawals their security is so doubtful right now we should secure our holdings from now so that if something like this happened we wont lose anything that we have.

If this cryptocurrency exchanges hacking continues in this way, we are increasingly witnessing a major financial collapse for all of cryptocurrency.

I just log out of my binance account and every of my coin and fund were accounted for! No single satochi was lost! Bad news is been used ti target bitcoin nto dumping! Don't buy into this stratergy folks!

As far as I know in the binance, everything is fine, the problems were only those who traded through the api

They are trying to fix the trades that was made by the hackers,that is why they have hold the widrawals from the exchanges,check their twitter account so you would know when will they open it again,the APIs are stolen from the users who are using these bots for the trades.They shouldnt allowed this to happen because their reputation would have a record.

This really means that there no perfect system especially from those hackers who wants to steal millions of dollars,we shoudnt be putting all of our money into these exchanges so that we can prevent losing big amounts of money when some hacking incident happened.Lets hope that binance will fix and reverse the trades which that hacker did so we can get our money back.

This type of hack incident could trigger most of the investors to pull out their money in our market,causing the market to bleed and ended up losing a lot of money from the bloodbaths,we shouldnt be putting all of our investments in these exchanges so we wont lose anything if ever something wrong happened,be careful guys.

I dont know how it happened. But we saw that even using APIs are very dangerous. So binance will take precaution about this issue and they also announced they will give BNB for their fault. Once we saw that using exhanges is risky. Binance is the most popular exchange and they dumped BTC once again. It is not hacked but users are affected.

Were all afected traders only with API and bots? Or are there people who were affected without? After this case, people will more thinking about using bots on trading, fortunately it seems that market is stable now...

I pitty those security ITs of binance,they should have done their job because if they didnt the hacker would be detected easily and the damages wont be this big,most of the users of binance will surely get back to their previous exchanges which is more secured.When the widrawals are active i will pull out all of my money from binance and put it back to bittrex.

Honestly what do people expect when using bots provided by others unless they've gone through the source code rigorously. The lure for some coder to make millions or be ethical, sadly the ethical part is likely to lose 99% of the time unless they're already minted.

Everyone is just throwing shit into the fan and seeing what sticks to the wall, typical crypto community. I trust binance to take care of the problem and reimburse everyone that was affected. Get a hardware wallet, only leave crypto on exchanges that you are actively trading then get it into your ledger....then it doesn't matter what happens on the exchanges. 2018 the year of DEX's

Yeah it was hacked,the VIA coin was pumped by the hacker suspectedly the people who are using the trading bots are the ones who were affected by the hack,the API was compromised and then used their accounts to sell their altcoins and then forcely bought VIA coin,which is funny because the hacker could transfer the funds to his own wallet directly.

Me too , My funds are safe but i heard everybody who were affected will be refunded .Thats nice from binance.Thats why they are still best in the business by far until decentralized exchanges comes

According to Binance, it was not hacked, the user account was hack using their api keys but  Binance statement on their social said they have fixed it back. So everything is normal now

So, after all, there are some trading bots that has been compromised and everything is OK right now? I`ve seen the tweets from Binance and also some tweets from people saying their tokens are gone and frankly I don`t know what to think anymore. I logged in and the Binance`s website seems fine, but currently I don`t have any tokens there so I can`t withdraw just to verify if this is possible...

I know how this will change the mindset of the people who are using binance,if i were you guys i will secure my investments and put it in the safer place,there are securit breach that is why the hacker got those APIs and use it to auto sell their altcoins for BTC,then forcefully buy VIACOIN this shouldnt be happening because if those security ITs found some irregularities they can stop the hacker.

I wont be using binance from now on,waiting for the widrawals to open again so that i can pull out all of my funds from binance,i guess i will go back to bittrex just to be safe,it has more secured features than binance so you guys need to double your effort to protect your investments and never put all of your coins in exchanges.

One more reason for me to buy a ledger nano soon. Wanted to buy one already on christmas, but it was quite sold out quickly. Now that they are available again, storing the coins on the hardware wallet is the safest way.

Binance CEO has already cleared this issue. Changpeng Zhao assured all the accounts are safe and are not compromised. The issue with the unusual trading activity of buying the viacoin is already under investigtion nd may be because of stolen API keys. Read more on this https://www.coindesk.com/funds-safe-binance-denies-crypto-hack-rumors/

I guess so,i have checked their twitter account the widrawals has been temporary disabled so the hacker cannot cashout the hacked funds,that surely a smart person because he have found some technical holes in the security of binance,this should be a good lesson to us all not to put all of our money into exchange because they are the primarily target of these hackers.

This is unacceptable,the security of binance was suspectedly the most secure compare to any exchanges but the hacker did it ,stealing APIs surely isny an easy job vulnerabilities like this is unacceptable because they could steal all of the funds of these people i hope that binance team knows what they are doing and those people who lose money should get back their money.

According to media reports, Binance was exposed by the API key to hackers and caused some unauthorized accounts to automatically sell all of their cryptos at every rate in Binance. This severely affected the exchange rate of the entire cryptocurrencies market. Currently, the altcoins rate has dropped more than 10% compared to yesterday.

I guess so that is why they have disabled that widrawals for hours,they shouldnt be having issues like this because APIs are too important and if they cannot protect their exchange APIs all of the users can lose everything in just one wrong move,the hacker is indeed a good one because it is the first time that binance were compromised.

Yeah they are hacked,someone has able to stole the API of some users who were forced to sell their altcoins for bitcoins,then the funds were used to pump VIACOIn,surely he is a good hacker  because he found the vulnerabilities with binance exchanges which has the most secured feature compare to those major exchange,their reputation was destroyed.

I have heard this news few hours ago and i am really shocked but luckily i didnt lose anything from the attack,binance has already disabled all of the widrawals in exchange so that the hacker wont get the stolen money from the compromised accounts using the API keys, from now on i wont be using binance anymore because it can happen in the future.

Do not worry guys everything is find binance has already disabled the widrawals,so that the hacker cannot get the money he have stolen from the users who got compromised,never use any bots so that your accounts will be safe from these types of the hacks everything is getting fixed aleady and we should calm down.

I Quote "All funds are safe. There were irregularities in trading activity, automatic alarms triggered.  Some accounts may have been compromised by phishing from before.  We are still investigating.  All funds are safe."

This one of the tweets of Binance  I really hope that all funds are safe

Some of the accounts was compromised but everything will be okay because binance has already disabled widrawals from the exchanges,they have announced that they will revert all of those suspicious trades that has been done from time that this hack was happened.Hopefully binance will be able to send back the funds that were used to buy the VIA coin.This is why i dont really want to put all of the funds in an exchange because exchanges are more prone to these hackers.

Apparently there is some smoke to the fire.

A huge heist happened today it seems.

Seems a lot of people’s accounts with active API keys were compromised per the telegram channel which grew exponentially in the past 24 hours.

The altcoin get dumped is not because the binance get hack and maybe because the other reason.
This correction is not hard so i think this is normal and dont panic to sell your altcoin because it will go back soon to normal.