What happened to Binance and Bitcoin a few days ago!

[denis-z12]

Guys take a look at this. I was not sure if this is the right section to post this so I am sorry if it belongs elsewhere.

https://support.binance.com/hc/en-us/articles/360001547431-Summary-of-the-Phishing-and-Attempted-Stealing-Incident-on-Binance

On March 7th hackers attempted to steal a big amount of Bitcoin from Binance in a large phishing campaign.
According to the report issued from Binance, the campaign begun back in January when the first accounts were hacked but at the of February most of the accounts were compromised.

phishing attacks were seen using unicode domains, looking very much like binance.com, with the only difference being 2 dots at the bottom of 2 characters. Many users fell for these traps and phishing attempts.

The report talks about the phishing site they used to get the account details. I made a topic about this a few weeks ago as a warning to everyone to stay alert.
Here is the original thread and picture from it:

https://bitcointalk.org/index.php?topic=2981675.msg30647369#msg30647369




On March 7th the hackers tried to buy big amounts of Viacoin in exchange for Bitcoin. Once the price of Viacoin skyrocketed they were planning on selling the coins and withdrawing the Bitcoins to their wallets. Binance says they noticed irregular trading activities and withdrawals were immediately halted. The hackers didnt manage to steal any Bitcoin and they even lost the Viacoins they deposited earlier. Binance also says that all funds are secure.


This just shows how careful we have to be all the time.

[leviathon]

You only have to be careful if you are hodling your coins on the exchanges otherwise you are pretty safe from losing your coins or getting it stolen. Just make sure to use a separate OS/computer for storing your coins, whatever seams feasible to you.

[thunderbitz2717]

I read it in their twitter account. they said that it's a FUD withdrawals were immediately halted. But i little piece of advice bro you don't need to keep a large amount of bitcoin in any exchange. They are risky might as well to keep it in your private wallet.

[-Sinner-]

The problems about Binance was their API. People who used some kind of bots and wallet manager ( api keys needed), were "hacked" and all their alts were sold to buy Viacoin.
But Binance is safe and not hacked.
Bitcoin dump was caused by Mt. Gox news, not by Binance news. ( Mt Gox trustee declared that they were selling stolen btc for refund investors)

[denis-z12]

I read it in their twitter account. they said that it's a FUD withdrawals were immediately halted. But i little piece of advice bro you don't need to keep a large amount of bitcoin in any exchange. They are risky might as well to keep it in your private wallet.

you mean its FUD that they halted all withdrawals?
Do you think the hackers were successful in withdraw the bitcoins?

[Road445]

Binance stolen event led to a drop in the bitcoin, people panicked selling their bitcoin, this is not the main reason, however, the main reason is that in a bear market at present, so all the tokens in the falling stage, and the next G20 meeting for Cryptocurrency market is not optimistic.

[Awan Awan]

You only have to be careful if you are hodling your coins on the exchanges otherwise you are pretty safe from losing your coins or getting it stolen. Just make sure to use a separate OS/computer for storing your coins, whatever seams feasible to you.

This is good idea to store our valuable coin or token to stay away from hacker but its a bit more expensive to have more than 1 pc.
However, we can have one pc but we need to care to it and dont ever to download something from untrusted source.

[valterkjellberg]

Guys take a look at this. I was not sure if this is the right section to post this so I am sorry if it belongs elsewhere.

https://support.binance.com/hc/en-us/articles/360001547431-Summary-of-the-Phishing-and-Attempted-Stealing-Incident-on-Binance

On March 7th hackers attempted to steal a big amount of Bitcoin from Binance in a large phishing campaign.
According to the report issued from Binance, the campaign begun back in January when the first accounts were hacked but at the of February most of the accounts were compromised.

phishing attacks were seen using unicode domains, looking very much like binance.com, with the only difference being 2 dots at the bottom of 2 characters. Many users fell for these traps and phishing attempts.

The report talks about the phishing site they used to get the account details. I made a topic about this a few weeks ago as a warning to everyone to stay alert.
Here is the original thread and picture from it:

https://bitcointalk.org/index.php?topic=2981675.msg30647369#msg30647369




On March 7th the hackers tried to buy big amounts of Viacoin in exchange for Bitcoin. Once the price of Viacoin skyrocketed they were planning on selling the coins and withdrawing the Bitcoins to their wallets. Binance says they noticed irregular trading activities and withdrawals were immediately halted. The hackers didnt manage to steal any Bitcoin and they even lost the Viacoins they deposited earlier. Binance also says that all funds are secure.


This just shows how careful we have to be all the time.

Binance is not hacked, but more accurately, hackers steal APi from accounts (APIs are often used for auto bots, auto trade). That's the reason for the noises in recent days! The key is binance not hack! And to help the investors, binance's president has used the algorithm and hacked all the coin that the hacker is holding !!!
That demonstrates binance's technology in the top 1 world, and binance also uses that money to fund charity!
My advice is to only trade in large decks like binance or bitfinex, and never hand over the KEY or anything related to your account to others!

[Inyang20]

There is no such thing as a bitcoin running today. There will be a lot of well-to-do with today's token too much.

[Alone055]

Though harmful, but this is still not as much dangerous as it can be if the exchange itself gets compromised, and we have seen that happening before as well with quite well-to-do exchanges. People surely have to keep their funds out of the exchanges whenever they are done with trading, everyday. Keeping your funds in an exchange for the purpose of trading again can cause you a big loss if something happens within the exchange.
One way of being safe from phishing attacks is using the mobile applications of the exchanges. You will face no such problems with the app as there you are not opening a website which minimizes the risk of your credentials being stolen.

[guschin]

Though harmful, but this is still not as much dangerous as it can be if the exchange itself gets compromised, and we have seen that happening before as well with quite well-to-do exchanges. People surely have to keep their funds out of the exchanges whenever they are done with trading, everyday. Keeping your funds in an exchange for the purpose of trading again can cause you a big loss if something happens within the exchange.
One way of being safe from phishing attacks is using the mobile applications of the exchanges. You will face no such problems with the app as there you are not opening a website which minimizes the risk of your credentials being stolen.

These incidents are really scary for me. I am planning to keep investing in bitcoins for 4-5 years and not afraid about the volatile prices. Even if I make loss at the end, it is acceptable to me. But loosing my investment because the my exchange being hacked is something that I never want to happen. I keep money in different exchanges to eliminate some risk though. You gave a good advice to app and I am always using it. The desktop versions of my exchange do not allow to see a lot of options like trading history and volumes being traded at different prices.

[denis-z12]

Though harmful, but this is still not as much dangerous as it can be if the exchange itself gets compromised, and we have seen that happening before as well with quite well-to-do exchanges. People surely have to keep their funds out of the exchanges whenever they are done with trading, everyday. Keeping your funds in an exchange for the purpose of trading again can cause you a big loss if something happens within the exchange.
One way of being safe from phishing attacks is using the mobile applications of the exchanges. You will face no such problems with the app as there you are not opening a website which minimizes the risk of your credentials being stolen.

These incidents are really scary for me. I am planning to keep investing in bitcoins for 4-5 years and not afraid about the volatile prices. Even if I make loss at the end, it is acceptable to me. But loosing my investment because the my exchange being hacked is something that I never want to happen. I keep money in different exchanges to eliminate some risk though. You gave a good advice to app and I am always using it. The desktop versions of my exchange do not allow to see a lot of options like trading history and volumes being traded at different prices.

It is scary. But it also shows how people don t want to follow simple rules for their own safety. Activating 2FA doesn't even take a minute and still people don t want to do it.

[batang_bitcoin]

Other posters here doesn't know what OP wants to inform. He created the thread that everyone should be careful on the website you are visiting especially the exchanges like binance. Notice the dots under the letters of binance and he also explains on what happened to binance last time.

These incidents are really scary for me.

You don't have to be scared of it, you just need to be vigilant.

[denis-z12]

Other posters here doesn't know what OP wants to inform. He created the thread that everyone should be careful on the website you are visiting especially the exchanges like binance. Notice the dots under the letters of binance and he also explains on what happened to binance last time.

These incidents are really scary for me.

You don't have to be scared of it, you just need to be vigilant.

Exactly, no need to be scared of it.
First time I saw the picture I thought my screen was dirty. It was the first time I saw a https/ phishing site.

[yj300316]

Guys take a look at this. I was not sure if this is the right section to post this so I am sorry if it belongs elsewhere.

https://support.binance.com/hc/en-us/articles/360001547431-Summary-of-the-Phishing-and-Attempted-Stealing-Incident-on-Binance

On March 7th hackers attempted to steal a big amount of Bitcoin from Binance in a large phishing campaign.
According to the report issued from Binance, the campaign begun back in January when the first accounts were hacked but at the of February most of the accounts were compromised.

phishing attacks were seen using unicode domains, looking very much like binance.com, with the only difference being 2 dots at the bottom of 2 characters. Many users fell for these traps and phishing attempts.

The report talks about the phishing site they used to get the account details. I made a topic about this a few weeks ago as a warning to everyone to stay alert.
Here is the original thread and picture from it:

https://bitcointalk.org/index.php?topic=2981675.msg30647369#msg30647369




On March 7th the hackers tried to buy big amounts of Viacoin in exchange for Bitcoin. Once the price of Viacoin skyrocketed they were planning on selling the coins and withdrawing the Bitcoins to their wallets. Binance says they noticed irregular trading activities and withdrawals were immediately halted. The hackers didnt manage to steal any Bitcoin and they even lost the Viacoins they deposited earlier. Binance also says that all funds are secure.


This just shows how careful we have to be all the time.

What ? That is hard to realize, i didn't spot the 'dot' character below the 'n' letter.
This may be useful for our experience in trading, so we won't got scammed by the phishing site.

[batang_bitcoin]

Other posters here doesn't know what OP wants to inform. He created the thread that everyone should be careful on the website you are visiting especially the exchanges like binance. Notice the dots under the letters of binance and he also explains on what happened to binance last time.

These incidents are really scary for me.

You don't have to be scared of it, you just need to be vigilant.

Exactly, no need to be scared of it.
First time I saw the picture I thought my screen was dirty. It was the first time I saw a https/ phishing site.

I first saw that picture on facebook and I thought there was nothing wrong with it but upon staring on that picture, I saw those dots. All of us should be aware that everyone can be a victim of these phishing links if you are careless and you become over confident.

[breadhy]

After binance was hacked a few days ago, many people lost confidence in binance. The impact of this time is not only binance, the global cryptocurrency has been affected. Everyone should be careful not to be deceived by some phishing websites.