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Binance is currently showing the text in the image to the right: "System is upgrading......".
Kinda sucks because I had wanted to get out of TRX (Tron), which had run up over 65% since I bought it a few hours prior. (And, I hadn't connected TradingView to its API, which I would imagine still works right now...)
But anyway, I was reading this article over at ZeroHedge prior to the outage, and went back to continue reading the comments after I noticed the outage, and realized that they might be doing this to prevent an attack!
Several of the comments were of the style, "all your cryptos are belong to us" -- the bug allows any process to see the memory of any other process. When you're talking cloud computing, someone just needs to rent five minutes on an AWS (Amazon Web Services) server, and can then dig through memory and capture passwords, access keys, crypto keys, etc. from everyone whose VM is also running on that server.
Then rent another five minutes, on another server. Change the VM size to make sure you're on a different server (e.g., lots of little ones are probably on the same machine, versus a few large ones -- although that said, Amazon might shuffle them between servers using several parameters, not just CPUs and RAM). Choosing different disks might activate different servers as well; they have SSDs, fast HDDs, slow HDDs, and I think tape although I haven't used that option as of yet.
Note that I'm not "planning a break-in" with the above -- in "thinking like an attacker", one can learn where holes in one's security are. Those are some huge holes! The article mentioned that AWS servers will likely be hit hard:
- They'll be running 5-30% slower, if they're on Intel chips.
- They'll be swapped out to have the software fix installed, so that means they will need even more capacity to serve the same amount of users -- in the short term, that is; they'll likely have it fully installed after a few days.
- They're probably getting an increase both in accounts, and usage of existing accounts, by attackers using the above methods, as well as others. This is also temporary -- but it means even more strain on reduced capacity.
The 5-30% slowdown, though, seems to be permanent, at least until they replace those faulty chips.
Intel seems to be heading into a rash of lawsuits, as well -- they advertised the chips as secure. They're pointing the finger at AMD (and Linus's response on lkml was interesting, in relation) -- but AMD doesn't have the "NSA back door" bug. If it's true that Intel has been intentionally compromised (as Jim Stone had shared years ago), then this might be part of "the storm is upon us."
We got the snowblowers ready this evening. We're prepared for what happens tomorrow, weather-wise. I wonder if those 9k+ sealed indictments are being unsealed tonight?
GET YOUR COINS OFF THE EXCHANGES!
Once Binance is back, I'm moving everything off.
Side thought
I wonder, would the "account recovery" service "anonsteem" give up details of account creation if law enforcement asked? Who owns that?
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i created my account on binance 1 day ago and after creating it didnot loged in here is the option for login when i enter my email and pasword then no signin click option work @libertyteeth sir is this issur for all or only with me
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Might have been due to the upgrade? Try it again today, it should work. Good luck!
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i was thinking to buy some coins which are not on bittrex and then this happened lol thanks for updating :)
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Yeah I have three goals today: BitShares, TradingView, and Coinigy.
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bitshares seems fine to me don't know about other two
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Thank you for this article. Very worrying. Fortunatey, I have almost nothing on exchanges...
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Yeah that's a good plan. I keep forgetting to get a BitShares account.
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I have not tried Bitshares yet - but should give it a try as well. But would they be safe from such an attack?
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No idea -- I need to research as well.
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someguy123 owns anon steem. he is a developer and a steemit witness.
https://anon.steem.network/
https://steemit.com/@someguy123
https://www.someguy123.com/
Sorry to hear about the trouble with the exchanges!
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Nice, thanks. I'll work with him (I'm voting for him as a witness, I see, so I've interacted with him before).
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Thanks!
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Interesting. I checked my Bittrex account about 15 minutes ago and all the wallets were under “maintenance”....... this is very fishy if you ask me.... I’m with you in getting my crypto off these exchanges
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even the coinsmarket which is very small exchange was down for hours today , even cryptopia went down for half an hour .
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It's up again , working !! CONGRATS ON TRX GAIN THOUGH .
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Hmm, not for me. When it stopped, it still showed the chart and trade info -- but no new trades happened, for more than a minute, even with reloading the page.
Rebooted (Kaspersky wanted me to anyway, and things were really slow), and then saw the image I posted above.
Just checked now, and was able to log in -- but then when I finally got to the Exchange page, it still shows the latest trade to be 0.00000804 for TRX, at 22:00:15 -- and it's currently 00:01 (12:01, a great movie!).
So it's not back for me -- but it's getting there, as it went through the login process whereas before it was just the static text above. Jeopardy music, please! :)
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regarding the hacking stuff you mentioned . Can they bypass 2FA too ? If Binance get hacked , will all our coins go ?
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It's back now, trades just started updating. Thanks for the congrats! :)
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aren't the exchanges secure from hacks even with 2FA ?
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Nice! I see it got up to 1476 and is currently 1356 -- guess I was a little too hasty last night. Still, 60% in a few hours is really, really not bad! :)
NOTE: since I need to wait 20 seconds because of a stupid Steemit bug, I think I'll document it: if you upvote a post, and click reply while it's spinning, the reply will be to "someone else" if there are more than one reply at that level. For instance, I already replied to @barsic, I know how to click the "Reply" button under a user; then, I upvoted you, and clicked the "Reply" button, and it made a reply to @barsic! I think I figured out the mechanism just now, that being, "Reply" must be clicked while the upvote is spinning in order for the bug to be evident.
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congrats on trx, I'm anyway holding until 0.2$ as it is more profitable to sell some on wave 5 :-)
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Actually yeah, I think so. Was a little tired last night -- exchanges don't allow customers to run their code on the exchanges, they only allow customers to trade, and use the API.
But, any company that hosts cloud stuff is potentially compromised, and worse, all their customers are.
You're right, the exchanges should be safe from the Intel/NSA CPU bug. (And, probably, even without 2FA.)
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Wow! good information.Thanks for share and now my coins off exchange.
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@libertyteeth..please a new baby here and i want to really learn from you. Sir please who do i join Binance?
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Hey sorry I've missed your questions earlier, I will go back through my replies at some point. I'm recovering from multiple concussions so am rather forgetful, as well -- I might not recall our interactions, although I'll never forget @berniesanders and his criminal activities here, which probably include DDoSing my web site which costs money to handle.
Anyway: I haven't used Java at all, really, although I've been a Build Team member handling Java applications (so, a little exposure). I really like (and am quite good at) Perl, but I don't know of a Perl<->Steemit bridge, only a Python<->Steemit one. So, I'm getting more Python exposure.
For Binance, go to http://binance.com and sign up. For redundancy purposes, you're probably going to want to sign up for TradingView and connect its API to your Binance account, so that you can still trade during outages like last night -- generally, a system upgrade won't affect every part of the system (but, sometimes no access will be available).
In the case that TradingView is offline, it's also good to have a backup for that. I intend to purchase both TradingView and Coinigy. Perhaps I'll do it today while we're snowed in.
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@libertyteeth well detail,,,i will visit the site and get back to you...Thanks for reply
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should we be worried about the information in our personal computers?
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WE DID IT: BINANCE LISTS STEEM!!!
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That's awesome news! I saw it a few hours ago, someone (likely you!) mentioned it on one of @haejin's posts.
I love that coins always start at a level much higher than they're at, at other exchanges -- so "STEEM's debut day on Binance, it lost 49%!" Except that on my Poloniex chart, it's basically unchanged since yesterday (up 3%, to 50034 Satoshis). Too funny. :)
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this is helpful and cryptocurriencies are the future...
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well the tron is more attractive now and i m late to buy it but i think i will buy it today for some hold and hope it will go more up in next days @libertyteeth ... hope binance will upgrade with more
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Their announcement is misleading as well! That is, if my above guess is correct that this upgrade is due to the CPU bug.
How often does a company announce downtime 15 hours before making an upgrade? Generally a couple days' lead time is given. So I'm leaning more towards my above analysis...
https://support.binance.com/hc/en-us/articles/115003739611
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I have not used exchanges yet, (getting closer)...but here is my question...I know I need a wallet of some sort what suggestions do you and others here have? What is a good one? Do I need more than one?
Thanks everyone for the help!!
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well, tax will be paid, first approve for legal it.
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Just read about Intels troubles. Nice I just purchased a new laptop with intel inside. lol used to be something you could trust. Very sad and worrisome. I'm not big enough to do any exchanges yet, but when I can I will remember these posts. Thanks
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That's a great news,now i'm off exchange coin instant.
Thanks for share this news.
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Good advice. There are some good wallets for the computer. I think the top rated thumbdrive wallet right now is Ledger Nano S! which runs about 125 or so at Amazon.
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