Bitcoin Forum

The aftermath of this hack could get serious.

https://bravenewcoin.com/news/bye-bye-bull-binance-exposed/

I also read that approx 50 coins are vulnerable to this type of attack

Binance are in shit street!

Interesting to see how many people sell their Binance coins!

Well, I guess it's time for them to cooperate with Hydrogen Platform. They can create a positive impact on the website's security and also on the users too! If you're curious about their project then check out their website! https://www.hydrogenplatform.com/hydro
You're welcome!

How can Hydrogen help them in this stage ?

Recently there has been a news of an exchange firm getting hacked. This will cause people to panic and sell out their coins of that company. People in the crypto currency market is expecting a bull market to start due to this occurrence as huge amount of money will be transferred which will put an impact on the whole market.

Your link is dead. Is this some kind of guerillia advertising for hydrogen ?

Interestingly hacks like these reminds of the fact that alot still has to be done when it comes to security on exchanges.Typically,the market responds in variable ways to such hacks but market recovery also occurs accordingly with time as we've seen over the past years on the various exchanges.IN any case,this emphasizes the need for advanced security on exchanges

If anything is hacked then there remains massive possibilities of breaking down. As in the crypto market if Binance os hacked, it could trigger a bear market in hours.

There are many confusions in the market about the hacking incidents. Many people thinks that it was not hacked. Let's wait to hear the true story from Binance.

Any news related to hacking are sad. Also given that the market is just improving, such news are sad and will create panic in the market. Let's just hope that this will get fixed as soon as possible and that the damage is not that severe for the people in the market.

I’m beginning to feel most of the reports of hack are FUD amdnkot all can be fully justified
I see it as an excuse by the exchange partners or so to cause a disrupt in he market which makes them opportuned and ready to buy the dumps from weak hodlers

I see it all as an intentional act

I don't think a good exchange like Binance can get hacked easily like that :). I think it's just a trick of exchange owner to get money from trader. LOL. You guys can check back and easily see that this is not the only time this case happened to Binance exchange :). And not only Binance, there are so many other exchanges are also doing the same to cheat traders and investors

Hacking is not acceptable. For this reason so many people’s are afraid to invest on this project. For removing this problem every project need to update their technology and protection.         

How it can be unacceptable? it is inevitable if the exchange isn't increasing their security and some traders / developers exploited a bug instead of reporting it.

What project? binance isn't a project anymore just like these ICOs that you are seeing.

Binance hack can trigger a bear market in a few hours! Seeing this news, I am thinking about whether there are people behind the scenes who deliberately spread this way? Let some people panic, they buy cryptocurrency at a very low price, and then wait for huge profits?