CAN BINANCE REALLY BE HACKED? THIS IS UNBELIEVABLE.

[kiemnhieutien]

It was the problem of Binance's API and SYS blockchain system. In fact that Binance wasn't hacked, don't spread fake news.

[DavidBolster]

Instead of jumping into conclusions, we need to check for the authenticity of the news itself. We need to see the source which can vouch whether the news is true or not. We can look on the internet to see if the news are legit or not, and then draw conclusions.

[robertcross07]

As I also heard something about this but still its not confirmed actually it is hacked or not. But I think all of us should be aware when we exchange because we cant trust properly on our tokens.

[moynul2050]

binannce then bancor still many more other cases, this is very worrying.
I began to hesitate to keep the assets in the exchanger, I think this is not a lie and worthy of attention.

[domains4]

This not unbelievable, Binance can hack anytime. And binance had attacked by hackers before. So, it can happen again. I think hacker can hack any exchange in no time. Last month Bithumb exchange was hacked and stolen 32 Million USD. This month bancor got hacked and stolen 23 Million USD. So, it is not an unbelievable thing. Binance can really hack .

[BTCmasterVM]

This is a very secure exchange, although hackers are finding more and more new methods of hacking, so there is nothing to be sure.

[Chrisjay]

Will its not possible modern hacker now is unstoppable. Even the a government security system they can crack it. Thats why no doubt that they can crack a simple security system.

[MoeKaloolon]

First of all, how true is this news? Is it 100 percent verified? then if it is, it is a sad news to hear, and really heartbreaking and terrifying because if an exchange like Binance was truly hacked, then it seems like our funds or trading with these exchanges are not safe anymore cos Binance is one of the most secured and highly recommended exchanges out there.

[bitcoinking11]

Well, you can't tell what would happen in future, as hackers are also very smart they are inventing new techniques to hack, but at present, it wouldn't be so easy to hack Binance, as it is one of the most secure exchanges out there.

[fenzuijk]

They were attacked, but they were not directly stolen. Instead, hackers profit from other markets by pulling up one coin. This is a very clever way to do not need to raise coins on the exchange, but in other markets you can use a normal account to get huge profits.

[DarkTaiga]

Popular exchanges sites never admit to having bug in their systems. Because this will affect them greatly. So whether they are hacked or not, we never know. Just remember, no system is absolutely safe, the important thing here is how they solve the problem.

[Mix_Fix]

Popular exchanges sites never admit to having bug in their systems. Because this will affect them greatly. So whether they are hacked or not, we never know. Just remember, no system is absolutely safe, the important thing here is how they solve the problem.

Yeah, nothing is 100% secure. But I believe that Binance is one of the best platform and I've never had problems with this platform. I have been storing more than $ 2,000 on it during 3 months.

[commander11]

It was a shock to me wake up to read the news of a HACK into BINANCE which resulted into casting away of a huge sum of bitcoin amounting to 7,000 bitcoin. That is a whopping $45,000,000.
With how much we trust BINANCE in term of cyber security and some other measures put in place, how could that happen without their techs knowing?

My main question now is what exchange do we now trust in term of security when it comes to being safe with our tokens?

https://stocksgazette.com/2018/07/03/binance-potentially-hacked-for-45-million-announces-unplanned-maintenance/

Everyone is vulnerable to hacking, no excemption!

One thing is certain about Binance right now, the CEO himself allocate 10% of its income generation in trading fees goes to vault storage to compensate the unusual losing of funds, hacking, bug and the likes. This is why I love to trade in Binance. Their support is quiet fast compare to any other exchanges. That is why Bianance grows exponentially.

[btcCoincart]

No any exchange is safe man. That's why I don't put all my money into one exchange. You have many choices now, go and trade on Bittrex, Kucoin, HitBTC, Huobi, Tidex... Many places for you to choose. Don't trust any exchange because if they close, all your money also gone!
Trade wisely and good luck!

[Jombrangs]

Actually all coins in the market can be hacked because their system are internent based,
therefore one of their possible threats are online hacking, virus, bugs and any technological technicality.

[lance04]

There’s a possibility or chance that it happen that the company of binance really be hacked,
yeah this unbelievable but nowadays this is a normal difficult issue in this kind of business.

[Teraboy]

Binance not a victim of hackers, cant you read? Users, traders using 3rd party software are victims. Hackers user those victims API key to set buy order to push up the price and cash out to their balance.

Lol it's the binance's fault and that's why binance was taking action to announced about the maintenance on their system to prevent the API to be used by the hackers. Binance has been taking its responsibility to the all of victims and it looks like a binance's fault.

[CryptoRaymond]

I guess it was not hacked. But I can say, for your safety you can use a wallet and keep your token in it

[FoBoT]

In as much as any wallet or even exchange can be hacked in crypto but if the system has good dev and management team, they will work towards making it stable and safe for use again but presently, I do not think binance system is hacked. Let's be patient and not jump into conclusion or be scared. To be on a safer side, I will suggest you to move some of your funds to another exchange that is safe and reliable.

[TreXzar]

fake news to get people to sell out coins. DOnt fall for this! Binance is one of the most secure and well maintained exchanges in the world. If that gets hacked then its like the reserve bank getting robbed. AKA this cannot happen!! Im still happily keeping funds in there for a rainy day.