Crypto market suffered huge due to hacking attack !!

7 mar 2018

Hello guys hope you all are doing well. Well today is one of the worst days for crypto market ! Many binance users claiming on twitter and reddit that their account got hacked automatically and VIA was bought automatically from there account ! You can see the rise that VIA had today ! There are many suspicious activities that BTC and other coins that could be converted to usdt got convert to it ! and those which could be coverted to BTC were first converted to BTC and then to VIA. CZ binance tweeted that the irregular trades will be reversed : https://twitter.com/cz_binance/status/971476396278099969 This was really all messed up creating many irregularities in patterns and graphs ! There are claims that a main bot used to trading purpose was hacked and API keys of bots where stolen ! There are many claims ! Reddit is full of explanations ! Binance team has suspended withdrawls and they are investigating the matter ! On such a day drawing graphs via analysis won't help but yes we got support at 9330 usd ( and in other way binance started looking for this matter when it has reached there )! Earlier binance claimed that it was a huge phishing attack but people have responded with facts that they were using google authenticator ( many of them were not using any bot) ! Anyways guys binance is taking steps and things will be fine soon 1 RSI has reached too low and a rise can be expected again ! Unless things are normal making analysis won't help ! And yes within 4-5 seconds things fell like hell ! TRX/BTC fell from 404 to 440 all of a sudden and with most other coins ! Its still a wonder how so huge walls on binance disappeared ( on other exchanged price fell following binance .. fall was lead by binance ... in fact the sudden too low was not reached on any other exchange ) . Not only TRX , most alt coins felt all of a sudden (all buying walls disappeared ) ! People are claiming that they never placed any order but orders got automatically placed at low market rates and got fulfilled and they are in huge losses. Hope that things will be fine soon ! As things are back to fine we will be looking for new analysis !
It rarely happens that hackers do such attacks and lead manipulations via it.
Anyways an awesome profitable day it was ! I had trx both in hitbtc and binance ( i always keep half-half in both) and sold the hitbtc ones for high for btc and bought back from same btc from binance in low rates !