Binance Hack! Syscoin Exploited - Exchange Suspended: Hack Explained

in blockchain •  6 years ago  (edited)

A few days ago Binance tweeted suspension of all trading. Hackers were able to compromise and exploit Syscoin, selling one SYS for 96 BTC. Watch our video below for the rundown on what really happened - 


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I can understand that the person who sold it @96 BTC is very clever and intelligent but what about the person who bought it @96BTC for 1 SYScoin.

Hey is the fucker inversion on binance i am need 3 uss

And this is why I say that trading cryptos is very risky and we should invest in them instead... please keep up the good work advising people of these facts!

Is this why Binance website is down now?