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Author Topic: Binance Exchange was hacked  (Read 261 times)
Coinky
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March 10, 2018, 04:37:42 AM
 #21

Binance is not hacked,but some accounts were compromised,Binance was able to to determine the issue quickly and stopped withdrawals ,reversed the trades of compromised accounts.
I think the btc price is not related to binance. Partialy due to Mt.Gox liquidation sale of 400 million worth bitcoins and BCH

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lopez cryptomania
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March 10, 2018, 04:53:13 AM
 #22

I think one of the biggest issues with exchanges is getting hacked. This is why I support this new ICO whose exchange allows users to store private keys themselves to prevent this from happening.

https://bitcointalk.org/index.php?topic=3085831.msg31823480#msg31823480

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March 10, 2018, 07:27:14 AM
 #23

It was just hack of someone's API, and it was not very successful. IMHO it was special news for dumping BTC, like news about sales all BTC from people working on MTGOX.

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March 10, 2018, 07:39:59 AM
 #24

I think that rumors about the break of the Binance exchange are counterfeit and this is another manipulation of the big players to lower the market as low as possible. I'm sure you do not need to worry that you will lose your money.
HostC
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March 11, 2018, 04:10:44 AM
 #25

It wasn't hacked! The bot users who gave out their API keys had them controlled all at once to buy VIA. Binance confirmed on their twitter that it was not hacked and the hackers had their funds trapped too.
Alex Melkov
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March 11, 2018, 04:21:36 AM
 #26

As far as I know, the Binance exchange was not hacked. Trade robots connected to the Binance exchange were hacked.
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March 11, 2018, 04:29:59 AM
 #27

Binance temporarily suspended withdrawals because users complaind of unconsented trades into BTC from their alt positions.

The rumoers was that binance was hacked. But that's not what happened. The USERS were hacked by the third party bot they were using that tried to fk them.

So binance stopped withdrawals to prevent these users from losing money from their accounts via malicious bot sending the money elsewhere.

moral of the story: watch which 3rd party trading software you're relying on.
semobo
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March 11, 2018, 05:32:34 AM
 #28

As far as I know, the Binance exchange was not hacked. Trade robots connected to the Binance exchange were hacked.
Yeah you are right binance exchange wasn't hacked and all funds are safe from the official announcement from the binance officials.So the people who are not trading to often move your funds to safe wallets because keeping or storing your funds in exchange wallet is not safe.
But that rumor made a huge loss in bitcoin orice and I hooe it will recover soon.
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March 11, 2018, 06:04:11 AM
 #29

That Statement Is a Rumor For Drop Price Of Many CryptoCurrency In The Binance Exchange, I Think Many Of Trader Must Search The Information Before Believe The Rumor

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March 11, 2018, 06:11:35 AM
 #30

Api hacked how this happend?
btcfree2018
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March 11, 2018, 06:23:08 AM
 #31

However, the impact was not significant. Only some accounts were attacked, although the official treatment did not agree.
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March 11, 2018, 07:41:36 AM
 #32

I hope to be able to solve it completely. Now that hackers are too powerful, it is still safer to keep the money in my wallet and store it.
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March 11, 2018, 01:42:35 PM
 #33

Binance is offering a $250,000 USD equivalent bounty to anyone who supplies information that leads to the legal arrest of the hackers involved in the attempted hacking incident on Binance on March 7th, 2018.

The first person to supply substantial information and evidence that leads to the legal arrest of the hackers, in any jurisdiction, will receive the equivalent of $250,000 USD in BNB.

source : https://support.binance.com/hc/en-us/articles/360001615252

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Tactical Genius
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March 11, 2018, 09:39:34 PM
 #34

Yes that is what i heard that one of the automated bots used of trades was hacked and some weird transactions made but later those transactions were reversed.Probably it may have affected the over all dump we saw during those times.This further emphasizes the need for widespread adoption of decentralized exchanges.

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