Possible Hack Of Third-Party Tools Affects Binance Exchange Users
Users of Binance have reported suspicious activity that reportedly is the result of a hack via third-party trading tools #NEWS
https://goo.gl/vDd3tv
Users of Binance have reported suspicious activity that reportedly is the result of a hack via third-party trading tools #NEWS
https://goo.gl/vDd3tv
Cointelegraph
Possible Hack Of Third-Party Tools Affects Binance Exchange Users
A possible third-party tool hack has sold off Binancer users’ Altcoins at market price.
"Summary of the Phishing and Attempted Stealing Incident on Binance."
Fellow Binancians,
On Mar 7, UTC 14:58-14:59, within this 2 minute period, the VIA/BTC market experienced abnormal trading activity. Our automatic risk management system was triggered, and all withdrawals were halted immediately.
This was part of a large scale phishing and stealing attempt.
So far: All funds are safe and no funds have been stolen.
The hackers accumulated user account credentials over a long period of time. The earliest phishing attack seems to have dated back to early Jan. However it was around Feb 22, where a heavy concentration of phishing attacks were seen using unicode domains, looking very much like binance.com, with the only difference being 2 dots at the bottom of 2 characters. Many users fell for these traps and phishing attempts. After acquiring these user accounts, the hacker then simply created a trading API key for each account but took no further actions, until yesterday.
Yesterday, within the aforementioned 2 minute period, the hackers used the API keys, placed a large number of market buys on the VIA/BTC market, pushing the price high, while 31 pre-deposited accounts were there selling VIA at the top. This was an attempt to move the BTC from the phished accounts to the 31 accounts. Withdrawal requests were then attempted from these accounts immediately afterwards.
However, as withdrawals were already automatically disabled by our risk management system, none of the withdrawals successfully went out. Additionally, the VIA coins deposited by the hackers were also frozen. Not only did the hacker not steal any coins out, their own coins have also been withheld.
The hackers were well organized. They were patient enough to not take any immediate action, and waited for the most opportune moment to act. They also selected VIA, a coin with smaller liquidity, to maximize their own gains.
After a thorough security check by Binance, we resumed withdrawals. Trading functionality was never affected. There are still some users whose accounts where phished by these hackers and their BTC were used to buy VIA or other coins. Unfortunately, those trades did not execute against any of the hackers’ accounts as counterpart. As such, we are not in a position to reverse those trades. We again advise all traders to take special precaution to secure their account credentials.
Protecting our traders is and has always been our highest priority.
Fellow Binancians,
On Mar 7, UTC 14:58-14:59, within this 2 minute period, the VIA/BTC market experienced abnormal trading activity. Our automatic risk management system was triggered, and all withdrawals were halted immediately.
This was part of a large scale phishing and stealing attempt.
So far: All funds are safe and no funds have been stolen.
The hackers accumulated user account credentials over a long period of time. The earliest phishing attack seems to have dated back to early Jan. However it was around Feb 22, where a heavy concentration of phishing attacks were seen using unicode domains, looking very much like binance.com, with the only difference being 2 dots at the bottom of 2 characters. Many users fell for these traps and phishing attempts. After acquiring these user accounts, the hacker then simply created a trading API key for each account but took no further actions, until yesterday.
Yesterday, within the aforementioned 2 minute period, the hackers used the API keys, placed a large number of market buys on the VIA/BTC market, pushing the price high, while 31 pre-deposited accounts were there selling VIA at the top. This was an attempt to move the BTC from the phished accounts to the 31 accounts. Withdrawal requests were then attempted from these accounts immediately afterwards.
However, as withdrawals were already automatically disabled by our risk management system, none of the withdrawals successfully went out. Additionally, the VIA coins deposited by the hackers were also frozen. Not only did the hacker not steal any coins out, their own coins have also been withheld.
The hackers were well organized. They were patient enough to not take any immediate action, and waited for the most opportune moment to act. They also selected VIA, a coin with smaller liquidity, to maximize their own gains.
After a thorough security check by Binance, we resumed withdrawals. Trading functionality was never affected. There are still some users whose accounts where phished by these hackers and their BTC were used to buy VIA or other coins. Unfortunately, those trades did not execute against any of the hackers’ accounts as counterpart. As such, we are not in a position to reverse those trades. We again advise all traders to take special precaution to secure their account credentials.
Protecting our traders is and has always been our highest priority.
🤖 BTC UPDATE 🤖
Bitcoin have dipped to $9400 because of Binance FUD.
$9200 level is the major support level for Bitcoin. At this BTC have bounced to $9846.
Our analysis have concluded that BTC can dip to $8900 level but it will not go dip right now as it had a big down already.
$8900~$9200 level is very good entry point for BTC.
Bitcoin have dipped to $9400 because of Binance FUD.
$9200 level is the major support level for Bitcoin. At this BTC have bounced to $9846.
Our analysis have concluded that BTC can dip to $8900 level but it will not go dip right now as it had a big down already.
$8900~$9200 level is very good entry point for BTC.
📈 We are completely sure that by the second half of March the BTC price will be restored, there are a few reasons why this will hapen and the main one is:
▪️ G20 meeting where "they" will discuss the further fate of the crypto-currency market in Europe.
We all remember how the market reacted to favorable statements during the meeting of regulators in the US, right at the time of the stream from the Senate, after the first positive statements, the BTC price rushed up and we reached the level $11,000 +
We are waiting a repeat of this scenario. 🔎
▪️ G20 meeting where "they" will discuss the further fate of the crypto-currency market in Europe.
We all remember how the market reacted to favorable statements during the meeting of regulators in the US, right at the time of the stream from the Senate, after the first positive statements, the BTC price rushed up and we reached the level $11,000 +
We are waiting a repeat of this scenario. 🔎
Good news for BTC G20 Current Regulatory Status
#USA
- ICO Prohibited, Money Laundering & Illegal Act Regulations, Cryptographic Exchange Tradition License Scheme
#Japan
- taxation, payment instrument recognition
#Germany
- It is a legitimate financial instrument and may be taxable, but requires additional licenses and permits.
#England
- No government regulation
#France
- warnings about regulatory readiness (not disclosed in detail), 'risk of speculation and manipulation’
#Italy
- Some central banks consider issuing cryptocurrencies
#Canada
- Taxation
#China
- Coin trading prohibited, ICO prohibited
#India
- Not accepted as a means of payment, regulation of money laundering and illegal activities
#Brazil
- Financial assets not recognized, direct investment prohibited
#South Korea
- No anonymous account transactions (real name system), tax preparation in progress
#Australia
- No government regulation
#Russia
- Cryptocurrencies regulation legislation, ICO prohibition, while allowing legislation, can run a legitimate exchange
#Mexico
- Preparing taxation
#Indonesia
- No government regulation, prohibited from banks
#Turkey
- No government regulation
#Saudi Arabia
- Some regulations will be introduced but not prohibited
#Argentina
- No government regulation
#Republic of South Africa
- No government regulation
#European Union
- Agreed to more stringent rules to prevent money laundering and terrorist financing in Bitcoin and other virtual currency exchanges
#USA
- ICO Prohibited, Money Laundering & Illegal Act Regulations, Cryptographic Exchange Tradition License Scheme
#Japan
- taxation, payment instrument recognition
#Germany
- It is a legitimate financial instrument and may be taxable, but requires additional licenses and permits.
#England
- No government regulation
#France
- warnings about regulatory readiness (not disclosed in detail), 'risk of speculation and manipulation’
#Italy
- Some central banks consider issuing cryptocurrencies
#Canada
- Taxation
#China
- Coin trading prohibited, ICO prohibited
#India
- Not accepted as a means of payment, regulation of money laundering and illegal activities
#Brazil
- Financial assets not recognized, direct investment prohibited
#South Korea
- No anonymous account transactions (real name system), tax preparation in progress
#Australia
- No government regulation
#Russia
- Cryptocurrencies regulation legislation, ICO prohibition, while allowing legislation, can run a legitimate exchange
#Mexico
- Preparing taxation
#Indonesia
- No government regulation, prohibited from banks
#Turkey
- No government regulation
#Saudi Arabia
- Some regulations will be introduced but not prohibited
#Argentina
- No government regulation
#Republic of South Africa
- No government regulation
#European Union
- Agreed to more stringent rules to prevent money laundering and terrorist financing in Bitcoin and other virtual currency exchanges
My thought for #BTC in this week. I think next important target is 10500 USD.
Highlights data report, exclusive info by Cliff High
Currently, the owners of the press as Cointelegraph, Criptonews, NBC, etc are those who handle and manipulate criptocurrencies news generating panic and doubts in the market inciting to sell the cheap BTC and generate offer for them to make the most of USA, JAPAN, CHINA.
According to an exclusive source the manipulation or fall of Bitcoin ends in a week and a half to two be attentive...
Another fact, the Japanese wanted to buy Cliff trying to work for them for two months in the manipulation of Bitcoin through the web boot report, but he refused and in those conversations he got a lot of information from them stating that the Japanese have 4 trillion of dollars waiting for the purchase of hoarding large blocks in Bitcoin volume...
Another important information to keep in mind is that Goldman Sachs USA took control of poloniex and the recommendation given was to prevent or move the cryptocurrencies to cold purses as a precaution...
According Cliff High Bitcoin will reach by the end of December the 100.000$.
Cliff High recommended investing in Litecoin that will give great benefits and will begin to notice from April 20...
Fundamental of Litecoin
LTC will be used in the near future for payments with Master Card through the Lightning Network, and will transform the cryptocurrency into fiat money at the time of payment and the cost will be almost zero?
So the advice is to take your precautions and do your own analysis. Buy in rumors and sell in news.
Currently, the owners of the press as Cointelegraph, Criptonews, NBC, etc are those who handle and manipulate criptocurrencies news generating panic and doubts in the market inciting to sell the cheap BTC and generate offer for them to make the most of USA, JAPAN, CHINA.
According to an exclusive source the manipulation or fall of Bitcoin ends in a week and a half to two be attentive...
Another fact, the Japanese wanted to buy Cliff trying to work for them for two months in the manipulation of Bitcoin through the web boot report, but he refused and in those conversations he got a lot of information from them stating that the Japanese have 4 trillion of dollars waiting for the purchase of hoarding large blocks in Bitcoin volume...
Another important information to keep in mind is that Goldman Sachs USA took control of poloniex and the recommendation given was to prevent or move the cryptocurrencies to cold purses as a precaution...
According Cliff High Bitcoin will reach by the end of December the 100.000$.
Cliff High recommended investing in Litecoin that will give great benefits and will begin to notice from April 20...
Fundamental of Litecoin
LTC will be used in the near future for payments with Master Card through the Lightning Network, and will transform the cryptocurrency into fiat money at the time of payment and the cost will be almost zero?
So the advice is to take your precautions and do your own analysis. Buy in rumors and sell in news.
Guyz!!!! BTC has spiked to 8500+ in no time with little volume pouring in so its a kind of manipulation to get out most of high leverged shorters. Our team is looking at this spike and also very important event of G20 is coming in next week so currently we will hold on trading to see the direction of BTC , it can go on either side so its a No trade zone at the moment!!!! We will keep you updating further!!!
G20 have finally announced the coming discussions about the cryptocurrency market: there will be 2 meetings — on Monday and Tuesday. There no general topic yet (or there is, but that information is not divulged), we know only of the dates and the names of some participants. Source: https://www.coindesk.com/g20-delegates-will-seek-comm..
Judging by out analysis, the G20 conference will touch upon the crypto-market on the 2nd day. It is likely that the decisions made on that conference are going to become the main causes for the Bitcoin's following behavioural pattern on the cryptocurrency market. It is the pivotal moment when the technical and fundamental analyses come together in a single spot. Regrettably, we cannot directly influence the conversation happening in Buenos Aires, we can only hope for the best
If any other information is to be released on the topics of the conference — I will keep you up to date.
Judging by out analysis, the G20 conference will touch upon the crypto-market on the 2nd day. It is likely that the decisions made on that conference are going to become the main causes for the Bitcoin's following behavioural pattern on the cryptocurrency market. It is the pivotal moment when the technical and fundamental analyses come together in a single spot. Regrettably, we cannot directly influence the conversation happening in Buenos Aires, we can only hope for the best
If any other information is to be released on the topics of the conference — I will keep you up to date.
Forwarded from VIP CS GOLD™
🔊 VIB
Buy 1700 area
Sell 1900 - 2100 - 2555
Buy 1700 area
Sell 1900 - 2100 - 2555
Forwarded from VIP CS GOLD™