Binace Hacked ! Here is the proof

in #crypto6 years ago

https://www.blockchain.com/en/btc/address/1ACvw9bgr7iceLgqS1TSq1q1dfE3qSgvwv

Apparently a group of hackers hacked into the #Syscoin api at #Binance

Over 7K BTC has been withdrawn from Binance after this attack

#Syscoin Binance hack in steps:

  1. Mine alot of $SYS
  2. Send $SYS to Binance
  3. Set very high sells vs. $BTC
  4. Hack Binance API
  5. Use $BTC of Binance users that use API to buy $SYS
  6. Take over $SYS mining power to prevent rollback of chain
  7. Hope to get $BTC out of Binance
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cant say its completely true...

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