Recently, when the Binance web site was down, it resulted in «
Binance exchange hacked» rumors.
Not exact matches
Yesterday, on March 8, the price of bitcoin has dropped below $ 9,500 briefly, triggered by
Binance hack rumors, the Japanese government's issuance of penalty on local
exchanges, and the sell - off of a massive amount of bitcoin by the Mt. Gox trustee.
Prices of major cryptocurrencies tumbled more than 9 percent Wednesday on a new round of regulatory crackdowns in the U.S. and Japan and rumors that popular cryptocurrency
exchange Binance has been
hacked.
Bitcoin prices are in freefall Wednesday on speculation that major crypto
exchange Binance has been
hacked.
The head of
Binance has officially denied rumors that the
exchange was
hacked on Wednesday, claiming that «irregular trades» have now been fixed.
Bitcoin shed some of its recent gains today, dropping over 10 % on the back of rumors that
Binance, one of the world's largest crypto
exchanges by trading volumes, has been
hacked.
Recently, attempts were made to
hack Binance cryptocurrency
exchange.
The
Binance hack, SEC's new regulations for
exchanges, and penalties on
exchanges issued by the Japanese regulatory body have all jointly served to spark a widespread sell - off in crypto markets.
Finally, Hong Kong
exchange Binance was hit by rumours of a major
hack earlier this week.
Binance is notably considered one of the largest cryptocurrency
exchanges in the world and recently experienced a
hacking incident.
Binance, one of the largest cryptocurrency
exchanges by volume, has received numerous reports of suspicious activity due to a possible
hack on March 7.
Rumors that
Binance has been
hacked spread that morning after social media users reported seeing their balances at the
exchange drained, sold at market rates and converted to viacoin.
It is argued that a number for factors contributed to this drop, including fears that trading bot apps on the
Binance cryptocurrency
exchange, which is a top cryptocurrency
exchange, were
hacked.
Binance recently revealed a foiled attempt to
hack their cryptocurrency
exchange.
However, like every other
exchange,
Binance too is at risk of being
hacked.
After the
hack attack on
Binance crypto
exchange, other
exchange platforms have been blocked in China.
With Coinbase recording $ 1 billion of revenue a year,
Binance raking in $ 300 million and Coincheck instantly compensating victims of the $ 400 million NEM
hack in Japanese yen,
exchanges aren't short of money.
On
Binance, you can additionally enable 2FA which increases your security on the platform in case anyone
hacks your
exchange account.
This temporary dip may have been partially - tied to concern that
Binance — the world's highest - volume cryptocurrency
exchange — had been
hacked, as inaccurate rumors began to fly after the
exchange went down on Wednesday evening and continued to remain offline on Thursday.
The crash was triggered by rumors of cryptocurrency
exchange Binance being
hacked which led to...
Binance went as far as to transfer funds from its cold wallet to hot wallet to show that the
exchange was not
hacked.
Today's statement follows a denial by Hong Kong — based
exchange Binance, one of the largest cryptocurrency
exchanges, that it had been
hacked after it suspended trading on Thursday.
Furthermore, the largest cryptocurrency
exchange,
Binance had challenge yesterday that led to the cryptocurrency suspending withdrawals following a
hacking scare.
As we have reported earlier, Bitcoin dropped like a stone on talks hat
Binance, largest cryptocurrency
exchange by trading volume was
hacked.
The crash was triggered by rumors of cryptocurrency
exchange Binance being
hacked which led to withdrawals being frozen on the website.
The recent brief correction was caused by a combination of four factors: Japan's crackdown on small
exchanges,
Binance hack rumors, SEC's announcement to
exchanges, and major cryptocurrencies failing to meet key resistance levels.
The move is a direct response to the events of Wednesday, March 7, 2018, when hackers attempted to add
Binance to the list of cryptocurrency
exchange platforms that have been successfully
hacked.