Bitcoin Market got panicked again after the top cryptocurrency exchange Binance become the target of hackers. The issue is not so big according to the exchange as hackers were not able to attack on every user. They were only able to make use of Third Party Tools to disturb the altcoin market.
According to some users all there Altcoins were sold at the market rate which was a shock for them as they have also enabled the 2FA security on the exchange. This news has spread like a fire in the forest.
Binance has stated that there system is working accurately and only Third Party tools have been compromised. They have also suspended the withdrawal process so that they can completely investigate the issue so that nothing serious can happen.
Bitcoin price dropped very quickly as we all know everybody is too sensitive who holds the crypto even though they claim that blockchain is future. This crash will be over as soon as Binance will reopen the withdrawal however no one can predict the future price of bitcoin in this situation.
Very good thank
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This is understandable, but frustrating too. It seems that when everything is recovering...bam! Another bad news and everything goes down again.
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