Viacoin+Binance+Japan

[jmlona]

Japan promised to restore order last year. It seems that the words do not differ from the work.

https://www.reuters.com/article/us-crypto-currencies-japan/japan-to-punish-several-cryptocurrency-exchanges-sources-idUSKCN1GJ1AE

Binance started to have security problems. Some hackers with the help of API keys artificially increased the price of Viacoin and cashed out a lot of money. Japan has closed some exchanges, and in fact they are somehow connected with the Binance servers. Be careful!

How are the Japanese exchanges connected with the binance servers? You stated that this is FACT, where is this fact from?

I'm fairly certain that these are two stand alone events that just seemed to coincide..

Binance collected documents to obtain a license to trade in Japan. Therefore, these are related things. If you do not see any threat for yourself and you do not trade in Binance and do not keep your money there, you can not pay attention to these facts.

I still do not see the relevance, how does them obtaining a license to trade in Japan mean that they are going to be victims of an attempted hack. And how does that in turn mean that regulators are going to shut down unregulated Japanese exchanges? I am really struggling to see the connection.

[zimmah]

This situation once again showed how unstable the cryptocurrency market is. The news, about possible hacking of the exchange in a matter of minutes, crashed the entire crypto-currency market. So, you always need to be prepared for such dangerous reversals.

As for VIA, I think that ill-wishers deliberately tried to discredit this coin.

[Lilmon]

This situation once again showed how unstable the cryptocurrency market is. The news, about possible hacking of the exchange in a matter of minutes, crashed the entire crypto-currency market. So, you always need to be prepared for such dangerous reversals.

As for VIA, I think that ill-wishers deliberately tried to discredit this coin.

Well it wasn't the Binance hack news that caused the cryptocurrency market to crash but the Bitcoin price going down. As you might know the alts are tied to Bitcoin so Bitcoin going down has the same effect on the alts.