Crypto Drop, Binance Phishing, SEC Regulation
The SEC drops the bomb that crypto exchanges will have to register if they are operating in the US. The market is selling off in response to the FUD.
Binance halts withdrawals, while trading remains up and running. A phishing attack had compromised some accounts and began liquidation. This set off alarms and security was able to limit any losses. Binance reminds users that they will never be asked for passwords or funds by Binance.
The negative headlines are pushing down markets for now, will regulation bring an influx of new money? Leave your opinion in the comments below.
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Rumors and bad news seem to almost always affect the market in negative ways. I'm not sure how long will this last, but like always, when the market is red, everthing is on discounted prices!
I think it's totaly nothing to worry about. We've been through much worse...
These are the best markets on the planet - there's so much opportunity for fud.
If we really think about the swings in volatility here....
These crypto markets are actually so very , very forgiving.
If you for some reason end up buying on a high.....just HODL through the correction cycle...and the volatility of the market over some space and time has ultimately forgiven the error in buying at the top..
cheers to an extraordinary 2018 with much crypto success!
i think this will increase new the liquidity in the near future its a good thing it shows the space is growing , but the only problem is that they want control over the space which is a big problem they are killing the baby before its born.
Buy the f**king dip! 😋
I knew it will happen one day, but everything should be all right investors.
Just relax, it's always happening. Bad news, then good news...
Damn, again I've lost in the random steem raffle!
If it will bring a new influx of money. It's the way they always solve their problems. Just wait and see the outcome.
Upvoted and Resteemed By : @clickbaster , Seeya and Have Fun , if Some one wants the same , simply Follow me ,
It should be alright when the FUD ends.
We all knew that SEC was going to drop that bomb, so it will work out later :d
You got a 14.45% upvote from @passive courtesy of @manlyness!
Don’t leave funds on exchanges and it’s highly unlikely you’ll be affected by hacks like these. Exchanges will continue to be hacked and will go under. People will continue to lose funds. If you control your keys you will remain unaffected.