I have a lot of funds on binance including ALL my BTC as i trade with them. Nothing stollen, everything there.
I have more a feeling that some users have a problem with their own security and/or that they are victims of phishing sites or similar.
I would say funds are very SAFU, maybe you missed the announcement that Binance has a Security fund for situations.
And as i thought, seems user accounts got infected/phising/compromised.
Interestingly i got a very suspect facebook message containing a virus as well at that time. Everybody should know the golden rule, never open an attachment that looks strange/uncommon/unrelated/.
IF someone doesn’t have top notch hygiene on his devices soon or late these devices are at high risk of being compromised.
Good fit up on what happened:
It won’t affect BTC at all, neither it’s credibility. It’s not a code bug/vulnerability or similar so it even should affect Bitcoin.
Exactly it’s not a vulnerability it’s a protocol shortcoming.
How can it be a protocol shortcoming after the BTC where withdrawn from “hacked” Binance accounts? I absolutly fail to see what this has to do with BTC’s protocol?!?! May you give me some insight on this one?!
The ability to track down every single transaction is embedded into the BTC protocol, it’s tautological. These coins are now ‘marked’ and hard to sell on the market.
Ok, got your idea now. Makes sense, but seems the market doesn’t care with BTC right after the hack passing the $6,000 price …
Did anyone used coineal?
i have problems with verification.
Coineal is one of the top fake volume leaders so i personally would never join/use such exchange…
Very interesting article from the dev about what happened all the time at cryptopia or let’s say a total different view on what’s known about cryptopia. I fee sad for the 2 guys that had the cryoptopia idea …
" Rise of the DEX "
Decentralized exhanges
even Binance opened one!
Binance have ‘first to market’ advantage.
Crypto-Bridge trade many if not most of the important Alt-coins
p.s. CREX covers some other alts
Some good info here:
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Any of you lovely folk tried sideshift?
Works a treat. I’ve used it a few times, and it allows shielded zcash exchanges. It’s essentially what shapeshift wanted to be.
No KYC.
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I get “Country Denied” at sideshift.ai.
I recently used https://changenow.io/ to convert zaddr to BTC. No problems to report. Works as advertised.
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How come major exchanges support Monero, but not Z-Address withdrawals?
It likely has to do with the Exchanges software behind the scenes.
Exchanges added T-addresses easily because the function same as Bitcoin. But Z-addresses are a bit harder to support if their system has different hardware, muli-sig, and cold storage requirements.
I have heard that the ECC and ZFND are in talks with a few to try to make it happen, hopefully we will see something before the end of the year.
(Welcome to the forums BTW 
)
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Thanks a mil Shawn, that’s great!
So it’s not that exchanges are rejecting privacy coins, it’s just around some other requirements.
With Monero, how come they’re listed? Is it down to how it’s designed?
Thanks again!
Hi human_1. It depends on the exchange. Where Monero is listed and shielded addresses are not supported, it generally has to do with perceived incremental demand, over existing demand, and the level of effort necessary to support sending to a zaddr, or storing ZEC in a zaddr.
Which major exchanges are supporting Monero? Is this a complete list?
Note that site is not developed or maintained as part of the Monero project. This is the latest exchange list that I have seen as part of the project’s actual site: Merchants & Exchanges | Monero - secure, private, untraceable
I do not know how up to date this list is.