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Author Topic: Binance again ? the hacker is more smarter this time!  (Read 240 times)
so_stupid
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March 08, 2018, 03:35:16 PM
 #21

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

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Wind_FURY
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March 09, 2018, 05:29:19 AM
 #22



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

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

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.

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Betwrong
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March 13, 2018, 12:07:17 PM
Last edit: March 13, 2018, 12:25:37 PM by Betwrong
 #23

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....!

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

seems the hacker is more smarter this time!



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.)


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cryptorTUX
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March 13, 2018, 12:16:01 PM
 #24

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....!

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

seems the hacker is more smarter this time!



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.
CoGaiXauXi139
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March 18, 2018, 06:21:47 AM
 #25

Hacker is a problem of crypto?
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March 18, 2018, 06:40:24 AM
 #26

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.
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