What is the truth about hacks of Binance ?

[ttcsalam]

  I did not hear anybody familiar to me that the dollar was hacked from his account. Many of my acquaintances who have heard about trading in Binance But no one could prove that his dollar or account was hacked.

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[CryptoLogo]

₿7,000 were stolen from Binance wallets, which is true. The exchange recognized this fact and closed the possibility of withdrawing funds for a week.

[redsun114]

I did not hear anybody familiar to me that the dollar was hacked from his account. Many of my acquaintances who have heard about trading in Binance But no one could prove that his dollar or account was hacked.

I either have not heard from anyone who told me that their funds where missing from the hack in binance, though I believe that binance would be the one to bear the loss, since the breach in their system is caused by them not really taking the security of their platform seriously, so you might not here from anyone saying that their account was hacked and funds stolen. Let's just wait and see the final information binance would give to us.

[tabas]

The hack is true and it's all over several articles.
Binance transfers USDT worth $8 million to new cold wallet after recent hack
Crypto Exchange Binance Says It’s Revamping Security in Post-Hack Update

[absurde]

I don't trust Binance, after ieo's , because they are manipulating the market, as you know short hype and long term price fall down, this is the strategy of Binance. Btc hacking at Binance, shows us how can be  a major exchange hacked so crypto space still have time to regulate.

[CryptoIyke]

We do not need to doubt it, from their news section I saw the transaction link for the huge btc withdrawal. Thought I had expected the news to cause a huge price fall on the market but it made no impact instead btc soared till today

[BitcoinHodler]

the hack doesn't mean your "account" is going to be emptied. you account is still an entry in a database with a number in front of it representing your balance nothing more. and that still is there. but the money that the number represents is gone because the hackers stole that money (or more accurately the stole bitcoin worth $40 million).
so now if everyone were to start withdrawing their bitcoins from Binance they would soon not be able to cover it because they are short 7000BTC.

[Adriano2010]

When the hack happen only some users was hacked and not a lot users and is true that the hacker or hackers stolen 7000 bitcoin and is good that Binance can cover the loss.

[PuertoLibre]

I did not hear anybody familiar to me that the dollar was hacked from his account. Many of my acquaintances who have heard about trading in Binance But no one could prove that his dollar or account was hacked.

Hackers found a way to bypass the 2FA security codes and they are able to move the transaction worth approximately 7000BTC. Binance team promised to cover the funds and investors are dumping hard the price of BNB. That is what happened.

[Brainnin]

I don't think popular exchange like Binance can fake been hacked and 7000btc was stolen, the news is all around the world, so let's believe is not just a news but the truth.

[lousie9]

It's really funny if that happens then it will be the hottest topic at the moment and can reduce the price of Bitcoin, but in fact the price really rises even when the news loses up to 7000 Bitcoin is certainly not a small amount but does that really happen? that is what is currently the biggest question and now I will not trust Binance about the news.