Binance Saves Our Ass Again As 1 SYS Sells For 96 BTC

in #bitcoin6 years ago

Today I bring you a report on the latest attack thwarted by Binance in relation to SYS. Learn how blockchain technology works or how to make and save money with cryptos at https://www.cryptoversity.com/courses/

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https://www.coindesk.com/binance-halts-all-trading-over-abnormal-crypto-transactions/
https://support.binance.com/hc/en-us/articles/360006675312-Incident-Recap-on-Irregular-SYS-Trading

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Your new thumbnails are making me 😁

That's excellent news! :)

Not only the show without a visible microphone but the show with the most complete crypto-analysis in the world of YouTube. The shirt looks good, I think the color could have been a little darker 😊
Great work as always, THANK YOU 👍

Probably related to Syscoin's issue, who tweeted there has not been an issue on their side. Likely that some Binance API keys were compromised, and the hacker traded some of his Skycoins for stolen bitcoins.
Please, everyone, we still don't know what exactly happened so don't get your pitchforks up. The API keys could've been compromised due to an error in Binance's system but also due to relentlessness of whoever owned them.

I'm just surprised that this trade wasn't detected and prevented by some automated anamoly detection. I know these systems are never perfect, but an outlier this huge really could've been found.

@marketingmonk same think happened with VIA/BTC on March7

via.png
Hackers used API key to place large no of buy orders which took VIA to moon.Why it happened with binance only , what could be the next coin 😃

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