Binance exchange hackers steal bitcoins worth $41m - BBC News
Binance exchange hackers steal bitcoins worth $41m - BBC News
Bitcoin Exchange Cryptocurrency Exchange Binance
Binance Coins (BNB) Worth $38.8 Million Now 'Out of ...
Binance hack: $40 million worth of bitcoin stolen in hack ...
BTC/USDT Binance Live Price Chart - Coinalyze
Binance burns $68 million worth of BNB tokens - The Daily ...
Bitcoin Whale Sends 5,500 BTC to Binance Worth $33.8M ...
Binance Coin (BNB) price, marketcap, chart, and info ...
@cz_binance: RT @iamjosephyoung: In September: -MicroStrategy announced purchase of $425m in Bitcoin -Sushi fiasco -JPMorgan admits to manipulating precious gold markets -UNI airdrop worth $3.6k at its peak -KuCoin hack -Bitcoin second-best 3rd quarterly close in history another busy month in crypto
@cz_binance: Smart publicly listed company buys $250,000,000 worth of #bitcoin, as a safe heaven asset. Stimulus money flowing from Wall Street into #bitcoin. Are you in front or behind them? https://t.co/1FYLZERjkS
@cz_binance: RT @Altcoinbuzzio: $BNB is one of the very few coins which outperformed Bitcoin over the past few YEARS. @binance burned >$60m worth of $BNB tokens and have some of the most impressive developments from any coin. We listed it as one of our Top Altcoins👇 ▶️ https://t.co/ZhcHrkSlsa
Square sold over half a billion dollars worth of bitcoin in 2019, outpacing broader crypto exchange volume growth in Q4. Square volumes were more inline with Binance U.S. which saw ~$250 million worth of bitcoin volume in 4Q.
@cz_binance: RT @KraZeMike83: #Bitcoin is up 23% in 24 hours. If you would have bought 1 #Bitcoin yesterday, you are now up $1,253.16 #halving in ~53 Days.. So buy #Bitcoin #BTC... even if it's just $100.00 worth; or 0.015 worth of #Bitcoin .. 🔢 #Blockchain #Crypto https://t.co/KV9mr5QLEH
Binance buying 40 million worth of Bitcoin raising Bitcoin price?
What major event happened recently that would require a big purchase and have the price go up? The Binance hack. That’s the only explanation I could come up with. The problem is will it hold the price after they have enough to cover everyone’s accounts... If I remember correctly the withdrawals are held for a week and those funds need to be placed in before withdrawal is allowed back on accounts. So is the Binance buy-back to cover its users this week causing this price spike? So we may see a week of Bitcoin rising until trading accounts are allowed to withdraw? We still haven't seen the effect the Binance hack will have on the market because people aren't allowed to sell and have Binance buying Bitcoin back for their accounts.BE CAREFUL. (Correct me if I’m wrong in this paragraph) What are your thoughts? Is it something else? I really think this is what’s driving Bitcoin up but leaving alts low. Problem is it's only a week long event as Binance is rushed to place the Bitcoin back on everyones accounts in a week.
Protonmail Disabled My Binance Cryptocurrency Exchange Email Account | €500 Worth of Bitcoin Lost
On 10th November I have created a new account on the Binance cryptocurrency exchange. Binance accounts need to be associated with an email account and I created a free ProtonMail account for this purpose. The reason for choosing ProtonMail over say Gmail or Yahoo is due to the fact that Protonmail is more secure. Basically, I thought that my Binance account would be safer if it was associated with a ProtonMail email account as was any Bitcoin or any other cryptocurrency deposited in the same Binance account. My internet connection does not use a fixed IP address and in order to login into this new Binance account, I need to open my new ProtonMail email account, open an email that is sent from Binance and click on a confirmation link in the email to confirm that the IP address indicated in the email is mine. Without clicking the confirmation link, I cannot access the Binance account. Email confirmation is also required for withdrawing funds from Binance, as is probably the case with any other major cryptocurrency exchange. In other words, if one loses access to the email account that is associated with a cryptocurrency exchange account, that person can no longer withdraw any cryptocurrencies from the account. This practically means that both the account and any Bitcoin and/or other cryptocurrencies in the account will become useless. Anyway, to continue with my story, on 18th November I tried to log in into my new Binance account. I entered my email/username and password, inputted the 2FA code from Google Authenticator and I got the usual pop-up message from Binance stating that I need to confirm my IP address by clicking the confirmation link in an email sent from Binance. So I opened the ProtonMail site and I entered my email address, password and 2FA code. To my surprise, I was unable to log in successfully as I got a message stating that my ProtonMail account has been disabled for abuse or fraud. I immediately sent an email to [[email protected]](mailto:[email protected]) as indicated in the message and asked for my account to be unblocked. The next day, I received the following reply from ProtonMail: “The account was automatically disabled by our anti-spam system due to a suspicious activity. The account will not be enabled.” I wrote to ProtonMail again and explained to support that I did not use the email account for any illicit purposes. I also explained to the ProtonMail staff that I need to access the email account because it is tied to a Binance account. However, the next day ProtonMail's support replied in the following manner: “Your account cannot be enabled since we believe that it is for abuse.” I send another email to the ProtonMail abuse team and explained to them that without access to the ProtonMail account I will lose access to the Bitcoin and other cryptocurrencies worth €500 that are stored in the Binance account that is associated to the disabled email account. I also asked the ProtonMail staff if they could escalate the ticket to management or if they will be willing to help me if I become a paid ProtonMail customer. I received no reply to my email so the next day I sent another email to the abuse team and pleaded for help. I told ProtonMail’s support that I do not even need to send emails from the deactivated account. I explained to support that the only reason why I need to access the email account is to be able to read emails from Binance and click on any confirmation links. ProtonMail’s next reply was the following: “Our team has examined your account once again and it will not be enabled. You will not be able to access your messages anymore or reuse the account.” I really cannot understand why ProtonMail’s staff have treated me in this manner. My disabled account was just a few days old when it was deactivated. I only had a few, maybe six or seven emails, in the inbox folder with three emails coming from ProtonMail and the rest coming from Binance. The thing is that, as far as I know, I did not even send a single email before the account was disabled. How did ProtonMail 's staff come to the conclusion that I wanted to use the email account for abuse? I am not stupid so if I wanted to use an email account to spam somebody, I surely would not use an email account that is tied to a cryptocurrency exchange account! Not knowing what to do, I did a Google search to see if other people have been burnt by ProtonMail’s support after getting their accounts disabled. Not surprisingly, it seems that there are many other ProtonMail users who had their accounts disabled because of some “faulty” anti-spam filter. Apparently many users got their accounts suspended because they were using a VPN service while using their ProtonMail account. I too have a subscription to a VPN service and I would not exclude that ProtonMail’s spam filter flagged my account as suspicious due to the fact I was using the VPN service at the time. While I can understand that no anti-spam filter is perfect, the real problem is that ProtonMail does not seem to care about its existing customers and potential future customers. I doubt that ProtonMail’s staff have done any effort to examine my mailbox and those of other disabled accounts. Anyway, it is unfortunate that I had to learn the hard way the mistake I made in thinking that I would be better off in using ProtonMail to secure my Binance exchange account instead of Google, Yahoo or some other email service provider. While ProtonMail might be more secure, I am not aware that Google and Yahoo deactivate accounts for accessing the email accounts over a VPN network or for no other valid reason. What is the use of using a more secure email service if there is a high risk of getting email accounts disabled without doing anything wrong? Although I will probably never get hold of my €500 worth of Bitcoin again, I hope that at least anyone thinking of using ProtonMail for cryptocurrency exchange accounts, work related accounts, bank related correspondence or even for personal use will find my story useful and will consider all pros and cons before taking a decision. The fact that my ProtonMail account was disabled is kind of having my €500 worth of Bitcoin being held hostage by ProtonMail. ProtonMail does not have access to the cryptocurrencies in my Binance account but neither do I at this point. It is like I had two different keys to unlock the repository where the cryptocurrencies are stored and ProtonMail confiscated one of the keys. There is no need to say that I have worked hard for those €500, but what if I had €5,000 or even €50,000 worth of cryptocurrencies in that Binance account? How many cryptocurrencies and cryptocurrency exchange accounts will be lost forever because of ProtonMail’s actions? ProtonMail’s “faulty” anti-spam filter is probably doing the company more harm than good. However, it is only ProtonMail’s fault for not doing anything about the issue, playing the bullies game, pretending to examine disabled accounts while providing no real evidence of abuse and being insensitive to the fact that disabled accounts can lead to loss of money, loss of business or loss of personal data. UPDATE on 26th November: After providing proof that I am not a spammer, ProtonMail's abuse team contacted me this morning to inform me that my account has been enabled. I can confirm that the email account is working fine again. Thank you ProtonMail for your understanding.
10-23 00:44 - 'Bitcoin as a currency is unsustainable... / Security and Trust: Millions of dollars worth of bitcoin lost by hacks, lost passwords and mismanagement. Mt. Gox, Coincheck, Binance, Bitconnect to name few. / We may have solve...' by /u/jucoin2000 removed from /r/Bitcoin within 264-274min
''' Bitcoin as a currency is unsustainable... Security and Trust: Millions of dollars worth of bitcoin lost by hacks, lost passwords and mismanagement. Mt. Gox, Coincheck, Binance, Bitconnect to name few. We may have solved the problem with trust through block chain...We just don’t know if trust is a problem that technology can ever truly solve as long as humans are the ones using it. Cost effectiveness: Blockchain is very expensive for its functionality, computers working around the clock to maintain distributed ledgers using more energy than many entire country’s put together. Efficiency: Bitcoin has painfully slow transactions times. Visa’s payment network can deal with 24,000 transactions per second and bitcoin just a measly 7. So even though giant centralised organisations sometimes abuse our trust they are also fast, typically safe and convenient. Bitcoin is a currency experiment that will inevitably fail for its intended use, but before that time and due to its erratic changes in value there will be potential money and profit to be made from the instability. Its possible that “Blockchain” will revolutionise a lot more than just money, although as yet i am not clear as to what that will be. Conclusion: Make your money before the bitcoin bubble bursts...and it will..... ''' Context Link Go1dfish undelete link unreddit undelete link Author: jucoin2000
Binance, a major cryptocurrency exchange, says hackers stole more than $40 million worth of bitcoin from its customers. Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume The Binance exchange, which stores Bitcoin and other crypto-currencies for members, said hackers took 7,000 bitcoins in one go. Withdrawals have now been suspended on the platform. The malta-based crypto exchange, Binance, has just carried out its 10th quarterly token burn, removing $38.8 million worth of its tokens (2,216,888 BNB) from circulation, forever. According to the exchange’s founder and CEO, Changpeng Zhao , this is the 2nd biggest burn when it comes to the coins’ USD value, and also the third-biggest burn in terms of BNB. Bitcoin Ethereum Ripple Bitcoin Cash Chainlink Binance Coin Litecoin Cardano Bitcoin SV EOS Monero Tron Stellar Lumens Crypto.com Coin Tezos UNUS SED LEO NEO NEM Cosmos Iota VeChain Dash THETA ZCash Ethereum Classic Maker Ontology Waves Dogecoin FTX Token Algorand Basic Attention Token HedgeTrade BitTorrent DigiByte 0x Ren Zilliqa Qtum Icon ... $33.8M Worth of BTC Moved from Unknown Wallet to Binance On March 29, about $33.8 million worth of Bitcoin left an unknown wallet to reach Binance. The crypto exchange hasn’t confirmed yet that this was an internal move, which makes the crypto community think this might be another example of how institutional investors are dumping the cryptocurrency. The world’s largest cryptocurrency exchange Binance has carried out its latest quarterly burn of its native BNB tokens, effectively taking $68mln worth of tokens out of the ecosystem. Binance confirmed the latest token burn in a blog post on its website. It is the 13th quarterly token burn that Binance has carried out. Binance Coin price today is $28.94 USD with a 24-hour trading volume of $342,902,657 USD. Binance Coin is up 5.45% in the last 24 hours. The current CoinMarketCap ranking is #7, with a market cap of $4,178,467,593 USD. It has a circulating supply of 144,406,561 BNB coins and a max. supply of 176,406,561 BNB coins.
When Will Bitcoin Reach $1 Million? Binance Rocks Crypto
STEP 1: Sign up at BINANCE, here is a link STEP 2: Deposit Bitcoin, Etherium, or UDST into your own Binan... Skip navigation Sign in. Search. Loading... Close. This video is unavailable. ... Leaving your crypto in an exchange leaves you vulnerable to a potential attack. https://www.forbes.com/sites/michaeldelcastillo/2019/05/07/binance-ceo-cz-rep... Bitcoin To $10,800 Soon?! Binance & Bittrex BANNING US Cryptocurrency Customers?! BTC, ETH, XRP, BCH, LTC, cryptocurrency and stocks news! Liked the video? Feel free to donate: BTC ... For News Break, we talk about Binance possibly buying CoinMarketCap which could be worth as much as $400 million. We discuss what the implications of this acquisition are, the reasons as to why ... STEP 2: Deposit Bitcoin, Etherium, or UDST into your own Binance wallet, under Deposits Withdrawals Tab as shown STEP 3: Wait and check for deposit confirmation under History tab as shown Bitcoin took a substantial hit in trading on Monday, moving from $10,000 to $9,452, in just fourteen hours. The drop, which largely came on profit-taking sentiment, also saw Binance Futures ...