Post
Topic
Board Exchanges
Re: Binance Has Been Hacked - Lost 7,074 BTC
by
NavI_027
on 09/05/2019, 10:43:26 UTC
Binance has been considered one of the safest exchange out there. If hackers can penetrate with all the security measures then it proves that much more needs to be done to secure investors funds.
I observed lately that many news report about this incident spread like a wildfire in social medias which definitely got a bad side for both parties (Binance itself, customers and future investors) because money is not the only one which is lost here, their good impression to the people was affected as well.

Anyway, Yes! We all knew that the Binance is on the top of the pyramid when it comes to exchanges but it doesn't mean that they are perfect already. Committing mistakes is inevitable, the important thing is they try to make up on the damage they've been made. The following quote posted by 1Referee  is the best to describe the current situation Grin, I agree on it.

People somehow thought Binance was a fort knox that would never get hacked, well, they were wrong. Roll Eyes