❗ Attention Binance users ❗

[Kingofbitcoin12345]

My favorite trading site is now having a difficult time of controversy’s like this.. Thanks for sharing this information as I really have no idea about it until I read your post.. If this is fake and just marketing strategy by competitors they should be ashamed for a desperate move like this,, it is unacceptable..

This event has to be verified as I don’t have bad experience on that exchange.. Better be safe than sorry in the end,, I will check my account after this.. Maybe it is one of the reason a decrease of price happens again..

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[Scallywag]

they handled it fast and in a great way , everybody has their money back the same day. they showed a lot of exchanges how to handle things like this.

[aardvark15]

All funds are safe. There were irregularities in trading activity, automatic alarms triggered.  Some accounts may have been compromised by phishing from before.  We are still investigating.  All funds are safe.
https://twitter.com/cz_binance
I think everything is in order just apparently some came across a fake site

The main takeaway from this is that we need to keep most of our coins off exchanges. Binance is probably a legitimate exchange and I like using it, but you never know when an exchange will get hacked or compromised in some way. I learned the hard way with Cryptsy a few years ago. I lost a decent amount of money on that exchange when they closed.

[Kemarit]

What the fuck! I quickly went to my Binance account now to check and everything seems okay to me. At least the little Ethereum I left there for buying some altcoins are still in tact. But if this news is true, then hell, we can't trust any exchange again. I left Bittrex for Binance hoping things would be better here, now this. Anyway for anyone who cares to listen; do not leave your huge investment in any exchange!

Yes, everything seems normal to see and I'm did not lose anything. Looks like its either only a few has been affected by the allege hack or this is simply another fake news to bring the market to its knees. I don't know how much we shed after the news has broke out, but I'm sure that billions was lost to the total market cap. Of course, we have been shouting all over the forum to not put all your funds in a trading platform. Just keep enough for your trading and the rest to your wallet which you have total control.

they handled it fast and in a great way , everybody has their money back the same day. they showed a lot of exchanges how to handle things like this.

Yeah, at least Binance was very attentive and shows why they are the number 1 trading platform today. They have up the bar and I hope that other exchanges will also learn from them especially handling critical issues that has affected their customers.

[dillpicklechips]

It seems that the people want to explain the current global falling on the crypto exchange markets in such a way. Now Bitcoin -10%, ostensibly the hackers are guilty.

I think it is just a temporary correction. Some investors decided to exit to fiat currency. Probably, they know the reason, why. Maybe, we are expecting a big fall on the traditional fund markets in the near future?

They are just a bunch of ignorants. They are not knowledgeable enough to construct a counter plan against these hackers or mark it as not worth it. Let me tell you, they will miss this, big time. What they should do now is to examine the flaws they have on their securities through white hats.

[entrepmind23]

I am not still into bitcoin when Mt. Gox hack happened but I always read from the OGs to not leave your coins in an exchange because you do not own your coins when you put it there. From this recent hack with binance, it is said that the target is not really the coins in binance but rather to spread FUD so that their order in other exchanges would be hit. With binance being a big exchange, it would be a great deal if something happened and the hackers anticipated the withdrawals would be suspended so they put low buy orders in various exchanges cause they know once the news spread, prices would crash and they call it decentralized hack.

Good thing that binance was able to act fast in this recent event. They may have gained more trust from other traders but for some, they lose trust in exchanges.

[coin_1122]

All funds are safe. There were irregularities in trading activity, automatic alarms triggered.  Some accounts may have been compromised by phishing from before.  We are still investigating.  All funds are safe.
https://twitter.com/cz_binance
I think everything is in order just apparently some came across a fake site

Yes, already the CEO of binance announced almost all funds are safe, now hackers targeted the Binance exchange because now it is most reputable exchange with more investors in it.

[Kingofbitcoin12345]

All funds are safe. There were irregularities in trading activity, automatic alarms triggered.  Some accounts may have been compromised by phishing from before.  We are still investigating.  All funds are safe.
https://twitter.com/cz_binance
I think everything is in order just apparently some came across a fake site

Yes, already the CEO of binance announced almost all funds are safe, now hackers targeted the Binance exchange because now it is most reputable exchange with more investors in it.

Thanks,, that’s a good news and glad Binance technical team found the cause in short period of time..

Binance CEO tweeted: 10 hours ago

Binance has reversed all irregular trades.  All deposit, trading and withdrawal are resumed.  will write a more detailed account of what happened shortly. Interestingly, the hackers lost coins during this attempt.  We will donate this to Binance Charity.

Link for verification: https://twitter.com/cz_binance/status/971520303812698112

“We will donate this to Binance Charity”, the hackers are the one who’ve lost a coin and that’s better than good.. There must be a number of individual involved and now charities supported by Binance will be the one benefits from it..

[Nerman]

Thank you for the warning but my account seems fine. This is why i diagree using bots. It will be rare for someone to give something without expexting something in return. Bot users specially the free one you do not k ow what you are getting in to. Just rely on your skills.

[chipzeru]

Thanks for the information. I really like how fast binance handle this by reverse the irregular trades even the hackers lost the coins at this attempt. This is convinced me for not using bot for trading. I hope there's an act in the future to reduce this hack attempts.

[PonyBoy]

I am totally trust to Binance CEO and i think they are best on crypto exchange's market , so no worry about binance scam at all , yes hackers hack api of bots which traders use , the did by api sell all crypto and buy via coin from which hackers made 5x profit very easy and bought all alts on deep.

[criptogoon]

🆘 Binance Suspends Withdrawals As Trading Bot Hacked Some Users Accounts.

According to several posts on Reddit, Twitter and other social channels, ‎someone hacked the trading bot used by majority of people on Binance. The ‎hackers sold the altcoins in comprised accounts and bought another virtual ‎coin, Viacoin (VIA)‎.

Binance has denied that it was hacked after an extensive halt of trading and customer ‎withdrawals of funds at one of the world’s biggest cryptocurrencies exchanges.‎

The support staff at said they are investigating reports of some users having issues with their funds. “Our team is aware and investigating the issue as we speak. Please remain patient and we will provide an update as quickly as possible” they added

https://thenextweb.com/hardfork/2018/03/07/binance-accidentally-selling-users-cryptocurrency-bitcoin/
https://www.financemagnates.com/cryptocurrency/news/binance-suspends-withdrawals-trading-bot-hacked-users-accounts/
https://www.reddit.com/r/helloicon/comments/82p8fo/binance_accounts_got_hacked/

Verify your balance and open tickets if something is not as expected.

Thanks for the warning. I just checked my account and didn't notice anything suspicious.

[nl247]

All funds are safe. There were irregularities in trading activity, automatic alarms triggered.  Some accounts may have been compromised by phishing from before.  We are still investigating.  All funds are safe.
https://twitter.com/cz_binance
I think everything is in order just apparently some came across a fake site

There are several topics over the internet about this. It might be fake, I admit, but there is no harm in checking your account, right?

Last when i checked(an hour ago) all my balance(i have less than $200 there) on binance is safe. the only people who've been affected appear to be using API. since 2014 i have never kept large amount on exchanges, i buy and withdraw.

It was not actually the people using API that was affected, the hackers already logged into the account through a phishing attempt that some people fell for and generated API from these accounts which they were now making use of to get the funds exchanged and moved out before Binance noticed the strange and abnormal irregularity in the prices of Via and BTC, but it seems the way news work, people have decided to attribute it to the drop in price.

Here is a link from binance itself on what really happened. https://support.binance.com/hc/en-us/articles/360001547431-Summary-of-the-Phishing-and-Attempted-Stealing-Incident-on-Binance

[krauzzer02]

This is too bad, cause I have just started out with Binance though I have no coins there at the moment. But I am beginning to loss hope in exchange  , it seems non are really lasting. Its either one story or the another. If this is true, then I hope the CEO fix it immediately but if not; we truly hope it never happens. Cause some news are still saying the information is a rumour.

Don't need to worry about that read the twitter announcement from the binance devs and you will be fine as long as your truly securing your account following the safety and basic precaution against hacking, by the way, the hacking took its place from the bots based on the rumors but the support page shows that it is an attempted Phishing and stealing incident so hackers used API keys VIA/BTC.

they handled it fast and in a great way , everybody has their money back the same day. they showed a lot of exchanges how to handle things like this.

Yes they've handled the stealing incident with a haste to stop the withdrawals and the hackers own coins they truly deserve that.

[eternalgloom]

I must say that Binance has really handled this in an excellent way. I also hope this serves as a reminder to always check the address of the website you're on before logging in.
Can't believe that so many people still get hacked through phishing. Also, keep 2FA on at all times.

I really hope that this news gets picked up by some of the bigger Bitcoin news websites.

[k@suy]

I must say that Binance has really handled this in an excellent way. I also hope this serves as a reminder to always check the address of the website you're on before logging in.
Can't believe that so many people still get hacked through phishing. Also, keep 2FA on at all times.

I really hope that this news gets picked up by some of the bigger Bitcoin news websites.

Indeed, having 2FA is more secure. Also, AFAIK the hacking incident is on its API's where in those using  it was only affected like in using robot in trading. If a hacker knows your code, then they can make transaction on your behalf and play with your funds. i hope this will get clarified.

[cheezcarls]

I am a Binance user myself and I just checked my account. Good thing that my balance of all coins/tokens that I am holding is safe. I have a lot of trust in Binance, because they are the best cryptocurrency exchanger as of today.

I don't have any problem with them disabling all withdrawals up to this time because I know security is their priority. I am holding some tokens there, especially TRX.

[piloder]

My all funds are safe and haven't seen any suspicious trading activity in my account, I think only those who have created API keys or used trading bots were affected with this.

If fault is in binance side than they might compensate losses to their users.

[al1n]

My all funds are safe and haven't seen any suspicious trading activity in my account, I think only those who have created API keys or used trading bots were affected with this.

If fault is in binance side than they might compensate losses to their users.

Yes problem solved

Binance has reversed all irregular trades.  All deposit, trading and withdrawal are resumed.  will write a more detailed account of what happened shortly. Interestingly, the hackers lost coins during this attempt.  We will donate this to Binance Charity.

[Strongkored]

I was about to start my trading there a few days ago, very good at seeing their handlers on this issue, the best thing is that all trader funds are safe, so there's no need to lose trust in Binance.