Binance hit with 6.3billion hack

[andysbetting1187]

Morning all.

Not sure if many people use Binance, but looks like they have been hit very hard this morning - current estimate is 6.3 billion

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Fair play to them though, they have said they will cover all loses

 

[Webzcas]

Watched this play out pretty much live as it happened on my X feed last night. $6.3bn is an insane amount of money, enough to bring down many banks.

I bet all those people who have crypto currently stored with exchanges are now stressing out. Will be interesting to see what happens once Binance enables withdrawals again!

 

[andysbetting1187]

Watched this play out pretty much live as it happened on my X feed last night. $6.3bn is an insane amount of money, enough to bring down many banks.

I bet all those people who have crypto currently stored with exchanges are now stressing out. Will be interesting to see what happens once Binance enables withdrawals again!

I have been carrying out my own investigation - I think it was @L&L-Jan covering the fine from UKGC and taking a little bit for himself

 

[andysbetting1187]

I bet all those people who have crypto currently stored with exchanges are now stressing out. Will be interesting to see what happens once Binance enables withdrawals again!

I can imagine a lot of people stressing mate - and no idea how long it will take to sort the mess out.

Will be interesting to see if other companies start blocking trading (at least for today) - I know two have already (from the article).

Scary that amounts like that can just dissapear

 

[L&L-Jan]

I have been carrying out my own investigation - I think it was @L&L-Jan covering the fine from UKGC and taking a little bit for himself

L&L-Yan in that case

 

[Webzcas]

I wonder how many Binance customers are continually hitting F5 to see if they can now withdraw their funds they keep on there.

 

[L&L-Jan]

I wonder how many Binance customers are continually hitting F5 to see if they can now withdraw their funds they keep on there.

44 hours left until withdrawals are enabled again.

 

[andysbetting1187]

44 hours left until withdrawals are enabled again.

still accepting deposits though lol

Will be interesting to see what they put out comms wise over the next 30ish hours and how confident investors will be - I wonder how many people will withdraw as soon as it opens?

 

[dunover]

Bin-finance don't by any chance have a Anjouan licence?

 

[Nate]

First thing I see when visiting the site

Nate

 

[lucks_maximus]

Great, now my crypto is worth less.

I don't try to hold crypto, but sometimes I have some sitting around waiting to be deposited or sold, the market swings almost never work out in my favor... I am lucks_minimus when it comes to crypto.