Post
Topic
Board Bitcoin Discussion
Re: Binance losing 7000 BTC and the consequences of a ROLL Back
by
jeniferqueen0409
on 08/05/2019, 09:48:55 UTC
Yesterday Binance was hacked fgor $40 Million worth of BTC equivalent to 7000 BTC at todays price.
Well we have heard of hacks before what we have never heard of is the mention of rolls backs.
What do you mean Roll Back.
Binance techs have suggested taking 51% control of the miner power and rolling back this transaction.
Does any one else have a problem with this?

It was so shocking and I couldn't believe my eyes when a big exchange site like Binance was attacked by hackers and took away so much money. It is too dangerous and confusing to investors on Binance. The bear market seems to have just finished but perhaps the crypto market will have a huge impact.