bounty.cvn (OP)
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May 08, 2019, 04:12:52 PM |
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At 17:15:24 on May 7, 2019 (blockchain time), Binance discovered a massive security attack. Hackers have captured a number of API keys, 2FA security codes and some other information. Criminals have used a variety of attack techniques, from phishing to viruses and other attack tools. There may be some accounts that have been hacked and have not been found yet. Hackers took away 7,000 BTC in a transaction below: https://www.blockchain.com/btc/tx/e8b406091959700dbffcff30a60b190133721e5c3Binance claims to use the SAFU fund to make up for all lost assets. Therefore, users' assets are completely unaffected. It is important that the deposit / withdrawal will be TEMPORARY in this week. During this time, trading activities were still normal. Hackers may still be controlling some accounts and can use them to influence prices. Binance will closely monitor this situation. But the floor believes that with the suspension of withdrawal, there will not be much motivation for hackers to manipulate the market. => Everyone should be wary of your wallet and trade on Binance Do you think the solution of Binance will help increase the price of BNB? |
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tspmhack6
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May 08, 2019, 04:45:12 PM |
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I think perhaps the exchange will compensate investors  However thanks for your information and warnings for investors. Very good information |
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jjjfff
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Crypto.BI
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May 08, 2019, 04:51:46 PM |
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Worst part of the Binance hack was the Binance CEO planning on attacking the Bitcoin blockchain to reverse the transaction. This is likely the most scandalous tweet in crypto: https://twitter.com/cz_binance/status/1125996194734399488This raises so many questions. He talked about it like he could easily do it. I have no reason to doubt him now, but I used to think Bitcoin was safe from this kind of attack. These guys can inject whatever they want into the Blockchain? |
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MadGamer
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May 08, 2019, 04:58:00 PM |
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For the short term, I don't think the price will be affected in any way. It does seem though like this hack is a win for them and also will work out in their favor the long term, as it only shows how professional they are and how they care about their users.
Regardless though, people should not be reckless about storing their funds in there just because Binance announced that the user's assets are unaffected, one should always stay in full control of his private keys, think of this hack as a way of learning a lesson.
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niisarearning
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May 08, 2019, 04:58:39 PM |
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How it will increase the price of binance it will decrease the price even it may go worst . I had faith on this exchange now it is also lost . I think now kucoin and I box will be the best crypto exchanges. Concentrate on those tokens.
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bounty.cvn (OP)
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May 08, 2019, 05:06:48 PM |
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How it will increase the price of binance it will decrease the price even it may go worst . I had faith on this exchange now it is also lost . I think now kucoin and I box will be the best crypto exchanges. Concentrate on those tokens.
Your mean Kucoin and BIBOX exchange will be the best place? Oh. great . Do you have any research on this to confirm? |
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dobolspeed3
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May 08, 2019, 05:11:24 PM |
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This is what must be considered by the existing crypto Exchange. Hackers can come at any time. In this matter, of course, Binance can handle it. By temporarily suspending Deposti and Withdrawal and also they have done security updates: Key Reset API. The security update article can be seen here: https://binance.zendesk.com/hc/en-us/articles/360027851252 |
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Vishnu.Reang
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May 08, 2019, 05:12:01 PM |
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A few months back, it was the turn of Cryptopia, and now Binance has been targeted by the hackers. This is why it is always said that we should never keep our coins in any of the exchange wallets. In case of Cryptopia, it ended well with the exchange reimbursing close to 90% of the coins. Let's wait and see what happens to the coins of the Binance users.
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Kemileye
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May 08, 2019, 05:30:53 PM |
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Sincerely there is no safe crypto wallet because all wallets are prone to hack. Some people will say hardware wallet is more securing than any other wallet but in my opinion, hardware Wallet is not 100% safe. Therefore, any wallet can be hacked.
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paulk11087
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May 08, 2019, 05:50:06 PM |
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It is strong fact that, binance is a dominant exchange and new exchange initiatives are really attracting attention. especially the prixbit exchange I'm following closely, will really take place in the first 25 markets I think. For those interested, I would recommend not to overtake the $ 400,000 trade competition.
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ridha inoue
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May 08, 2019, 05:51:04 PM |
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Actually I really doubt the information about the hacked binance exchanges which are now being discussed very warmly by everyone.
binance is a giant market with an extraordinary level of security and it is almost impossible for hackers to do that.
according to binary information, it lost 7000 BTC but I honestly doubt that.
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CDEX-CROSS-CHAIN DECENTRALIZED EXCHANGE PLATFORM |
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qazgroup
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RiveMont
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May 08, 2019, 06:43:47 PM |
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That really is an alarming situation that an institution like binance was hacked again while to be honest i was thinking that market has matured now and especially security wise, looks like we should move towards decentralized exchanges where our funds and private keys are in our control.
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JuliaJi
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May 08, 2019, 06:51:35 PM |
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I know one thing! Never! just never hold anything on exchange account, dont metter good or bad exchange, hackers hunting on accounts
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r32godzilla
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May 08, 2019, 06:54:27 PM |
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Just checked and my Tether wasn´t affected  Nobody wants Tether Only Justin Sun wants to spam Binance with 40 million USDT . |
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hummer113
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May 08, 2019, 06:54:59 PM |
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I have a lot of questions for CZ, but I doubt that I will ever get answers. If everything happened as he wrote, Binance done make everything right.
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Xalata
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May 08, 2019, 06:58:20 PM |
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Saving your cryptocurrencies on any exchange platform is not a good idea no matter the popularity and famous the cryptocurrency exchange could be. It's best to save your funds on a wallet you have the private keys to and not an exchange wallet.
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raden1922
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Colletrix-Bridging the Physical and Virtual Worlds
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May 08, 2019, 07:00:24 PM |
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Please imagine, binance exchanges can be hacked. Then what about each user's personal wallet? This needs to be watched carefully! Because hacker accounts can attack anyone and at any time. Harms many people and worries the asset owners. This is really troubling. 7000BTC not a small amount.
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━ ━━ ━━━ colletrix ━━━ ━━ ━
Revolutionizing the IP Industry via Tokenization
━ [ I E O June 2019 ] ━ |
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bittraffic
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May 08, 2019, 07:06:06 PM |
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Are accounts being locked?
Base one what I have read on telegram, there were only few accounts that were affected and binance already announce that they are going to refund those who were affected. Though they there were coins taken by the hacker its just few though 7000BTC seem not affecting the market.
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Pamadar
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May 08, 2019, 07:06:41 PM |
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This is what must be considered by the existing crypto Exchange. Hackers can come at any time. In this matter, of course, Binance can handle it. By temporarily suspending Deposti and Withdrawal and also they have done security updates: Key Reset API. The security update article can be seen here: https://binance.zendesk.com/hc/en-us/articles/360027851252They needed to do that in order to make sure that the security will not be ruined again, this breach should be handled accordingly those hackers might be there rounding around and waiting for another victims, looking forward to make new updates about the investigation about this matter. |
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AgentZero23
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May 08, 2019, 07:48:09 PM |
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This is a warning for investors not to hold their digital assets in some exchanges. As the saying goes not your keys not your coins. Better store your coins in some industry standard offline wallets like ledger or trezor. Some Binance users got victim by fishing attack that's why their exchange wallet got compromised. Binance was also at fault by allowing withdrawals even do there are some red flags.
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