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/biz/ - Business & Finance

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10209709 No.10209709 [Reply] [Original]

Inside Job... or Hack?

>> No.10209915

More an expensive mistake

>> No.10209930

>>10209709
binance was hacked for 7k BTC

>> No.10209947

>>10209915
this, whale pump bot fucked up trying to calculate 0.000096

>> No.10209955

>>10209930
If binance was hacked, far more than 7k btc would be at stake. Prevailing theory is some api key secrets were phished, leading to this and all api keys being reset.

>> No.10209956

Inside job + hack

>> No.10210021

>>10209955
The attacker managed to withdraw 7k BTC from his exchange account to his own wallet. Fundus are literally not safe with such poor security measures.

>> No.10210076
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10210076

>>10210021
Yeah, it's the exchanges fault that it provides MFA for both login and api keys and allows users to withdraw their money when they're fully auth'ed up.

There is some sort of other magic security bullet they need to be doing to prevent dumbasses from getting their shit compromised.

Tell me, what else should they be doing?

>> No.10210113

>>10210076
Oh, a retard on the internet. Quick, prove him wrong!

>> No.10210115

so you guys all planning on riding the pump too?

>> No.10210124
File: 57 KB, 470x470, C085DBEB-E9D3-472E-B017-F253967376A9.jpg [View same] [iqdb] [saucenao] [google]
10210124

ITT: noobs who don't know what api keys are

>> No.10210135

>>10210076
I dont use their API, but if they dont allow whitelisting for IPs then they're a mess.

>> No.10210173

>>10210135
They actually allow whitelisting specific IPs - but that's a solid answer as they also allow whitelisting all with a simple warning message. Anon should argue that they need to force whitelist restrictions.

Pack it up boys, we solved security

>> No.10210197
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10210197

>>10210076
They could simply halt withdrawals of a certain account if a suspicious activity is detected (for example if the account value more than 10x-ed in the last 24 hours). Then admins would have time to view these withdrawals and approve them if everything's correct or seize the funds if not.

>> No.10210265

the joke is on all of you. they called it a hack and created SAFU to get you guys to drop your bags. sys is actually worth 96 bitcoin.

>> No.10211169

I sold a shit ton at the 10k satoshi

>> No.10211194

>>10211169
im about to sell a shit ton at the 69bil sats

>> No.10211260

>Retards wanted to get rich and used some guys .exe binance bot that sent their API keys to him
>He uses all their API keys and funds to start a rally on sys, making others fomo in and sets really ridiculous sell orders that get filled
>Anon makes 7k BTC from the ordeal and never has to work again.
>Binance refunds the retards who gave their API keys out to a stranger

This is pretty much what happened.

>> No.10211360

>>10211260
lmao crypto is doomed if that's all it took to make 600k

>> No.10211387

>>10211260
sounds to me like sys is undervalued at the moment. not 96 btc undervalued. but undervalued

>> No.10211462

>>10209915
>>10209947
>t. owns less than 1btc