What is going on with today's news about Binance accounts being hacked? What happened?
I have not logged in to my Binance account, but I have funds sitting there at their exchange, hopefully....
The accusation is not based on funds hacking but data hacking, some people claim that their database was hacked, and data of people were stolen which Binance has already denied ever having the knowledge of that, so I am still waiting for some days too to see if it is just a rumor or it really happened.
If it really happened, I am suspecting the hand of a country I would not like to mention on that because I just heard that there are some exchanges they have already approached to get data of people for tax purpose, and if Binance I proven stubborn, the thing they would definitely too is to secretly hack into their database with their professional hackers and then get the data needed by force in other for them to be able to use it to slam cryptocurrency tax on the ones that concerns them.
what really happened should be deal with the benefits of those people that kyc leaked..it was a violation of their privacy the fact that they entrusted their identities with their platform..thats why for me as of now i triewd to use platform that is not necessarily need kyc to used their program..i am a Non-US BitMEX trader here.
A few leverage trading sites that I know are not actively banning US IPs RIGHT NOW & SO FAR requires no KYC:
BaseFEX
Quedex
KuMEX
The issue with Binance isn't US authority requiring KYC. It is some more complicated legislation which essentially requires all American leverage traders to only trade on US-based, regulated, taxable exchanges. But they dont have eyes on every exchange out there.