Post
Topic
Board Exchanges
Re: Binance just lost 7000 BTC in a security breach
by
TimeTeller
on 08/05/2019, 02:39:01 UTC
I guess its real, my binance account couldnt withdraw now. all suspended withdrawal for altcoins and coins.. darn.. one week out.. I will just continue to use bitasset.com exchange as it has futures contracts promo too. wish Binance dont let me lose my coins, I have more than 1 account there.  just wait and see then.

I doubt they will let their clients down. I am confident that they will not let your coins be gone.
They will cover those losses and be back in business in few days.
But I wonder how come someone got in with their tight security per se.
It means, their security measures is not robust enough to reject possible attacks on their system?
Better store your coins in your own wallet. Even this top exchange is victimized by these hackers.