Bitcoin Forum

Binance been hacked again,,,, the hacker dumped all altcoins to BTC, and then use those BTC to pump VIA  (I don't know this coin) from $0.000225 to $0.025!

and then Binance locked withdrawing!  

BUT the hackers already made billions from bear market....!

They listed short orders on many other exchanges and sell VIA with high price !

seems the hacker is more smarter this time!

If by "hacked again" you're referring to McAfee tweet a few weeks ago then It was confirmed that they didn't get hacked. As for yesterday's incident, Hackers made billions? not a lot of users were affected by this hack and as you can see on their blog post:

Binance hasn't been hacked in the past.

And no. The hacker definitely didn't make billions. Where the fuck did you even get your information from?
A tweet from Changpeng Zhao(Binance CEO) below.

the money is not from Binance... they  dumped BTC, and pumped VIA, and make money from other exchanges!

Of course, the news with binance had a very strong impact on the market. I hope that this is not for long and soon we will see an excellent growth

OP, if the hacker is "more smarter", would it mean that he is the "smarterest" hacker? I'm confused.  ???


Ok, so they accumulated Viacoins first then used the hacked accounts' Bitcoins to pump VIA in Binance, and then all the other exchanges like Bittrex followed the move, and that is where they made their money from?

Smarterest indeed.

Hacked again? I don't know where did you get this information because as far as I know there is no history that binance got hacked before. How can you come up with a conclusion that the hacker dump altcoins to buy Bitcoin and pump VIA? where is you proof? VIA is worth $2.88 today (not $0.025) per coin and it didn't even get pumped after this incident of attempting to hack binance check the price chart https://coinmarketcap.com/currencies/viacoin/ Anyway binance already announced that all funds are safe, this is the summary of what really happened https://support.binance.com/hc/en-us/articles/360001547431

I wish I could become a real talent hacker. They're can take anything from anyone ;D ;D ;D ;D

I'm not sure that the market fell only because of news about the Binance exchange, but this factor also had some impact on the market. It is not clear when the prices in the market stabilize, I would like to quickly ...

you seem to be very new to altcoin markets so welcome aboard.

these pumps are very common and are happening every single day for at least a couple of altcoins (usually at least 3) when pumpers pump them from some very low price like 10 satoshi up to 10000 satoshi even!
they certainly don't need a hacker to hack and pump a shitcoin. and a hacker won't gain anything to pump that shitcoin they gain anything if they withdraw.

but still, it makes market shock and as you can see
BTC crash down in a few minutes.and when BTC down, like as usual all altcoin going down.

The CEO of binance suggested that the hackers (who didn’t actual hack binance but rather phished logins) actually managed to make a loss on the trades as their withdrawals were frozen. Trades made with the hacker’s coins have been reversed, I just wish they’d reverse some of my trades in early January /late December  :D

The exchange didn't get hacked but a trading bot, which used the users apis to sell all their alts for btc and buy via. Stop with this FUD. Also for your knowledge the transactions were reversed and the withdrawals halted. So no one really lost but the hackers.

i seriously doubt that bitcoin drop had anything to do with this hack, the news of it was not even big enough to make any meaningful difference. i doubt that it was even real! maybe Binance messed up something or pumped VIA themselves and were caught and wanted to hide it with their blog post.

The news is not serious, but it gained a lot of popularity, that's why it partially affected the bitcoin rate, as well as the next bad news from China about the prohibition of crypto currency channels in WeChat.

Binance has acted with much more seriousness and smartness this time. Its immediately suspended all the withdrawls and deposits of all kinds. Reversed the trade after a few hours putting back all the bought VIA back to their original holders. We can say it kind of took the time 2 hours backward straightaway.

The hacker owns VIA, attacks other people's accounts and buys VIA, pushes up VIA price and sells VIA!

The coin was not stolen, just exchanged for other COINS. It is the exchange's responsibility to compensate customers for all losses.

Various abilities always haunt in the digital world. then with that, we must be careful and keep the private key, lest others know about the private key. The case of hacked binance is again the case of the umpteenth time users are not careful about using private key or un API keys, so users who use illegal means (bot) in the binance service have felt the bad results.

The money is actually from Binance. The BTC used is from previously phished accounts.

Definitely. It's probably more because of the Mt.Gox dump.

I just checked on Coinmarketcap:

https://coinmarketcap.com/currencies/viacoin/#markets

Via is down by 23% - but it is possible that the hackers arranged to sell Via on Bittrex while the Binance pump was going on

multichode, however! Binance quickly worked, disabling the output of tokens. Although, I think hackers have achieved their objectives ::)

Yes, just as I posted. The hackers might have been accumulating Viacoins in Poloniex and Bittrex, then used the hacked exchange's Bitcoins to pump Via. They knew the other exchanges would follow the pump and that would be their time to dump, earning them a nice profit.

Safe, smart, no theft done.

I think you mean the price in BTC, not in USD because the price of VIA has never been below $2 this year ... except recently. Viacoin is $1.77 and I think the falling will continue.

I really like the way Binance is dealing with the issue. Not only they haven't lost any funds, but they deprived the hackers of theirs, and now they do everything to prevent such attempts in the future. Binance has set a great example and hopefully other exchanges will follow. ( I mean creating the $10 million fund for future bounty awards against any hacking attempts on Binance.)

This is just click bait tittle, hacker has not made billions. Please try to back up your thoughts and not simply thorough random numbers with the idea bigger is better. There is much FUD in the space anyway and honestly we don't need more. We have to create a system where we have less lies if we wanted to do best for the mankind to introduce them to cryptocurrency. For me Binance showed enough that it is an exchange which is real deal and who care for their customers and didn't steal funds like recent BitGrail did or many others.  Try to back up your thoughts with real information next time please. Take into donsideration that VIA price is not $0.000225 nor $0.025.

Hacker is a problem of crypto?

The hackers' approach was very clever. Binance would forbid taking coins, but they used Bitcoin to buy a crypto currency that people didn't know much about. They used the sell-offs on other exchanges to gain profits. It also caused the decline of the cryptocurrency market.