Hackers broke into Binance?

in #bitcoin7 years ago


Regarding the recent security issue with Binance, the alleged hackers cashed out by setting extremely high sell orders on Viacoin and funneling money through compromised API keys.


This led to a price jump of almost more than 100x within just a matter of minutes.


This comes to light right after Japan announces they will be shutting down certain exchanges in regards to cyber-security. Where the Binance servers are currently located.


Until further FUD is cleared, we recommend moving tokens to personal wallets and steering clear of external API services.

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Actually people can't move them. :(

Withdrawals are temporarily disabled at this time.

(source).

@vgalik By the looks of it, hackers got into a trading bot and this triggered the sell off and subsequent buying of that Viacoin . So my assumption is that Binance is safe.

not yet known. a lot of information

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