It was nothing more than a phishing attack on the dumber users of Binance, and it worked flawlessly. It was done to create a massive coin pump, where the hackers then would withdraw their Bitcoins, but failed.
Binance's security mechanism noticed malicious activity, and halted all withdrawals, where instead of the hackers making loads of money, they lost their coins because of how they couldn't withdraw anymore.
People always need to have 2FA active, but the most important aspect is that you don't click on links somewhere on the internet in order to visit a certain site. Always manually type your URL, which is a must.
Don't even bookmark anything. Type URL, check if it's correct, then proceed to the site.
Lucky binance security is on point
hackers can make loads of money if they could withdraw the money ? but that wasnt the case cuz binance halted all withdrawals
I thought that all users on binance active their 2FA for security purpose, thats why 2FA was created for
Thanks for thé advice regarding manually typing the url ,
Even the bookmark , its scary
That's why Binance is one of the top trading platform because of their security and the way they handle things. They did suspect withdrawals so that the hackers can't take the money from their customers. And now all funds are safe and the hackers ended up with 0. What I wanted to find out though, is what the hackers pump Viacoin.
But the good thing though is that they got nothing and actually lost their coins as well because its behind withheld by Binance. Sad day for the hackers.