Post
Topic
Board Service Discussion (Altcoins)
Re: Binance war with hackers 🤔
by
masterrex
on 15/05/2020, 09:41:24 UTC
Right now I'm not seeing any other top exchanges tackling hackers than binance, this makes me feel that binance team will do a wonderful job on coinmarketcap soon

Gone are the days when hackers could just stroll off into the nightfall with their plunder, as did the individual who took 850,000 bitcoin from Mt. Gox in 2014. Wallet delivers connected to suspected programmers are presently labeled, and exchanges for the most part freeze any assets originating from these wallets on the off chance that they show up on their servers.

At soon after 16:00 UTC Wednesday, bot Twitter account Whale Alert cautioned Binance which has recently dedicated to freezing any assets coming from the hack that approximately 137 ether worth around $27,000 at press time had moved from a location connected to the Upbit programmer gathering to its wallets.

In January 2019, Binance additionally solidified funds connected to the $16 million Cryptopia hack

CZ (Binance CEO) tweeted not long after that the assets had been effectively solidified and that the cash would in no time be transferred back to Upbit.

If all other exchanges can start giving hackers this tough tackle like binance is doing hackers won't roam freely

Binance really did a great job for making such initiatives to solidified that hacked funds and return to the rightful owner, Hacking the high-end crypto exchange like Binance will put those hackers into a limelight thats why same like other big crypto exchanges, Binance is always on their radar with those skillful hackers that continue to identify all of the possible flaws in the platforms security. But I'm confident Binance is always ready for that treat.