Post
Topic
Board Trading Discussion
Re: Binance hacked. 7000 BTC stolen.
by
BlueStackz
on 18/05/2019, 08:37:14 UTC
At least they are returning all funds so nothing lost from a user perspective
That is a good thing to do, they are lucky they have SAFU fund and what the hacker stole isn’t more than the figure they announced. They still need to be more careful because if they get stroked again, they might head towards the line of cryptopia. Now cryptopia has liquidated as a result of the hacking that was done on their own exchange which they could not recover from.

Binance is just is lucky because they already have a very large users and volume that is giving them profit everyday amounting to millions of dollars. Now that they have opened their deposit and withdrawal again, all necessaries activities will resume.