Binance's third party bots tool hacked, some users lost trading API keys to hackers
On Wednesday 7th March some users experienced unauthorized trades on their Binance accounts. Their funds were used to trade and artificially pump the price of VIA coin. Hackers planned to sell their own VIA coins at this time at this artificially high price.
Hackers badly lost this battle
Binance has confirmed that all irregular trades have been reversed and hackers didn't manage to withdraw any crypto from Binance.
They lost everything
Positive news is that the hackers not only did not manage to steel any money from Binance users, but also lost of the coins they had.
Seems they lost this battle pretty badly and their initial funds will now support a good cause :)
"Binance has reversed all irregular trades. All deposit, trading and withdrawal are resumed. will write a more detailed account of what happened shortly. Interestingly, the hackers lost coins during this attempt. We will donate this to Binance Charity."
“The whole question here is: am I a monster, or a victim myself?”
Fyodor Dostoyevsky, Crime and Punishment
What a sophisticated plan by the way.
"He will win who, prepared himself, waits to take the enemy unprepared. "