Bitcoin Forum

what is the reason of Api phising on Binance?
Recently syscoin was traded at price of 1.1btc and 96btc respectively. what can be the possible reason for that and the stolen 7000btcs can be retrieved or not?

As for the SYS crypto currency and why something is going on with it, you can find the information here: https://bitcointalk.org/index.php?topic=4596209.0

I have seen, sorry for the lost money, a huge number.
These are the losers, unhappy, they have caused this tragedy. A dark sky.

Damn, this will be affect bitcoin price again. It was green many days ago but after this happened, bitcoin price starting to fall again.

Yes Mr. Fudster just have a really big punch right into BTC's bull trend face

I think the security in Binance has the problem. It is not the first time them facing with API faults. And that event made the BTC price dump again after some day  came green. I am very disapointed about this.

but how they are going to manage the trade that just happened?

if you believe some experts that the whales manipulating the market want to arrange a panic among the population and lower the price of bitcoin below$ 5000 in this situation, of course the market will react very actively and after a rapid failure kaoy begin the rapid growth.

Is it that easy as you are saying?

It was yesterday's news. I dont think this caused any fluctuation in the price of bitcoin.

Within the exchange, transactions are retrieval by the management but once it is out of it, bitcoin transactions are irreversible.

Once again convinced that trading through the API keys on the Binance exchange is still not safe. it did not happen for the first time. It did not happen for the first time

binance is one of the exchangers whose transactions are large, so do not close the possibility exchangger is one target by the hackers.
so in my opinion safe as axchangger sure the hacher will also find a blemish to attack him.

Not totally a fudster but we can already presume that this would really affect bitcoins price once again but 45M wont really be that big.
They cant do nothing yet transactions are irreversible once those coins being transferred into hackers wallet then recovery would really be impossible but somehow Binance do talk about compensation but only a small portion.