Quote from: nevermindthebotox on February 09, 2018, 07:09:51 AM

maintenance break and they have documented situation pretty well :
https://twitter.com/binance_2017

Yes they are communicating, but they could have roll out this maintenance work in a better way. First they said it will take few hours, then said 10 hrs but now its more than 24 hours and still the system is not up.

Quote from: nevermindthebotox on February 09, 2018, 07:09:51 AM

kind of sad this FUD about exit/hacking people try to spread Roll Eyes

I am not spreading fear/rumors. What will be your reaction, if you woke up in the morning and came to know that your funds are no longer in your wallet. I have 1500 USD worth coins at binance and i was worried when the wallet was empty.

Quote from: siddartha1492 on February 09, 2018, 07:09:06 AM

Chances of hacking are less

Yes, i am aware of that.

Quote from: siddartha1492 on February 09, 2018, 07:09:06 AM

but I wouldn't be surprised if Binance has been hacked. Big exchanges like it are always the target of hackers

Exactly and you have to worry if you have funds there.

Quote from: jtipt on February 09, 2018, 08:38:12 AM

They seem to giving updates every couple of hours, so I don't think they are lying or hiding about the data sync issue or whatever. Anyways as per their latest update they have successfully completed data recovery and verifying it. No exact ETA so far, but we should see an update soon.

That's a good news but still i am not able to see my coins. I hope their upgradation is successful and all the funds are back as before.

Quote from: timerland on February 09, 2018, 08:51:46 AM

A hack is a real possibility that cannot be discounted here.

I believe that for whatever reason, if any exchange wants to put a halt to trading activities then it should at least have its users notified 1 day before the scheduled maintenance happens. If they don't, not only will it mean that users are grumpy because of inability to access their funds, it also means that unnecessary speculation will come out.

And seeing that Binance usually is quite good at customer support and communication compared to other exchanges, I'm surprised at this. Since they've denied it, the chances are that they're probably not hacked, but as i said, always a possibility in these scenarios and obviously exchanges want to cover it up if it does happen.

I also feel that they handled this maintenance work in a poorly manner, it could have been well planned and more organized. Binance is not a small exchange, many people has suffered inconvenience due to this incident. I hope they will learn form it and such situations will not be repeated in the future.