Binance Security Breach - Hack ?

in #bitcoin5 years ago (edited)

Im doing copy paste here for the record

We have discovered a large scale security breach today, May 7, 2019 at 17:15:24. Hackers were able to obtain a large number of user API keys, 2FA codes, and potentially other info. The hackers used a variety of techniques, including phishing, viruses and other attacks. We are still concluding all possible methods used. There may also be additional affected accounts that have not been identified yet.

The hackers had the patience to wait, and execute well-orchestrated actions through multiple seemingly independent accounts at the most opportune time. The transaction is structured in a way that passed our existing security checks. It was unfortunate that we were not able to block this withdrawal before it was executed. Once executed, the withdrawal triggered various alarms in our system. We stopped all withdrawals immediately after that.

Binance will use the #SAFU fund to cover this incident in full. No user funds will be affected.

If users just got phished that wouldnt be security breach of exchange really imho but we can only nod to what they say in the text.

Markets


CRYPTO INCOME GUIDE EBOOK - FREE FOR LIMITED TIME - DOWNLOAD HERE

Join My Official Discord Crypto/Steemit Group - https://discord.gg/Ma3VCxj

Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips!

Sort:  

true!

original_73422876.png Binance !

Had a good timing of withdrawing my Steem from Binance recently then.

Don't keep too much coins on exchanges, people.

Exaclty, only coin to keep on exchange is what you are actively trading otherwise atleast move it to a dedicated soft wallet at a minimum.

what you send to exchange you have to afford to loose

"Binance will use the #SAFU fund to cover this incident in full. No user funds will be affected" - Cz said.

Hahaha... BTFD don’t get shaken out...btc is going to 6.8k at least...

Wow! Insane! Thanks for the heads up on this breaking news

Posted using Partiko Android

what is SAFU anyway? I'm just curious

Posted using Partiko Android

Coin Marketplace

STEEM 0.35
TRX 0.12
JST 0.040
BTC 70351.33
ETH 3563.43
USDT 1.00
SBD 4.72