Hi Guys,
We had a scary day in the crypto world. This morning there were reports of Binance being hacked and funds being stolen.
Reports have now been confirmed that funds are safe, and only those using API keys were affected. I did a post a few weeks ago talking about the importance of keeping your funds secure. If anything, I hope this scare acts as a wake up call for those who are still keeping their funds on an exchange.
Please watch my Dtube vlog to hear my thoughts on the Binance situation, how this scare caused a many coins to crash and what kind of negative repercussions this has for the crypto world.
Here are links to many of the articles I found helpful when gathering information for this post.
Crypto Markets Drop Amid Rumor of Binance Hack
"All Funds are Safe": Binance Denies Crypto Hack Rumors
Alleged Hack of Binance Triggers Huge Slide in Bitcoin
Stay safe out there guys. <3
xo, Lea
▶️ DTube
▶️ IPFS