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May be more likely due to the Binance "hack." http://markets.businessinsider.com/currencies/news/bitcoin-price-is-plummeting-as-rumors-of-a-binance-hack-swirl-2
by g09980 9y ago
May be more likely due to the Binance "hack." http://markets.businessinsider.com/currencies/news/bitcoin-price-is-plummeting-as-rumors-of-a-binance-hack-swirl-2018-3-1018289038 http://markets.businessinsider.com/currencies/news/bitcoin-p...
Edited for clarity.
- trophycase 9y agoBinance wasn't hacked. A bunch of idiots gave their API keys to third party bots. The owner of the bots then hijacked their accounts for profit
- lmkg 9y agoThat's not a very sophisticated hack, but it's technically a type of hacking. In the same way that if you leave your keys unlocked in your running car overnight and someone gets in an drives away with it, that's still theft.
- benchaney 9y agoYou're right that it is technically a type of hack, but it isn't Binance that was hacked. It was some Binance users.
- chisleu 9y agoWe don't know Binance was hacked. Relatively few people use API keys to trade and every reported account had API keys on it. It's likely some malware that looks for API keys in config / python files laying around.
- ceejayoz 9y agoPerhaps. A SQL injection hole could potentially expose API keys, or there could be a vulnerability that lets an attacker add an API key.