Binance hacked for 7,000 Bitcoin in "large scale security ...

"Bitcoin" trending on twitter after Elon Musk, Bill Gates, Jeff Bezos, Binance, Apple and other famous Twitter accounts are hacked and posting Bitcoin scam tweets.

submitted by UnknownEssence to CryptoCurrency [link] [comments]

[ Bitcoin ] Multiple exchange Twitter pages have been compromised. Please do not send your funds to anyone. HACKED ACCOUNTS: - @cz_binance - @binance - @AngeloBTC - @Gemini - @coinbase

[ 🔴 DELETED 🔴 ] Topic originally posted in Bitcoin by Dooleyspoolparty [link]
Dooleyspoolparty your post has been copied because one or more comments in this topic have been removed. This copy will preserve unmoderated topic. If you would like to opt-out, please send a message using [this link].
submitted by anticensor_bot to u/anticensor_bot [link] [comments]

CZ_Binance reacts to being one of the first accounts targeted in the bitcoin twitter hack.

CZ_Binance reacts to being one of the first accounts targeted in the bitcoin twitter hack. submitted by slywalkers to CryptoCurrency [link] [comments]

Bitcoin fund manager has Binance account hacked

Bitcoin fund manager has Binance account hacked submitted by DecryptMedia to Bitcoin [link] [comments]

CZ_Binance reacts to being one of the first accounts targeted in the bitcoin twitter hack. (x-post from /r/Cryptocurrency)

CZ_Binance reacts to being one of the first accounts targeted in the bitcoin twitter hack. (x-post from /Cryptocurrency) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

@cz_binance: @boxmining yeah, imagine hacking ex-Presidents account to try to scam, not even direct steal, some #bitcoin. That's is something.

@cz_binance: @boxmining yeah, imagine hacking ex-Presidents account to try to scam, not even direct steal, some #bitcoin. That's is something. submitted by rulesforrebels to BinanceTrading [link] [comments]

[ CryptoCurrency ] Massive hacks on crypto Twitter accounts going on to promote scam: Bitcoin, Binance, CZ, Bitfinex and others down. Stay alert!

[ 🔴 DELETED 🔴 ] Topic originally posted in CryptoCurrency by hcarpach [link]
hcarpach your post has been copied because one or more comments in this topic have been removed. This copy will preserve unmoderated topic. If you would like to opt-out, please send a message using [this link].
submitted by anticensor_bot to u/anticensor_bot [link] [comments]

Bitcoin fund manager has Binance account hacked

Bitcoin fund manager has Binance account hacked submitted by serenity2021 to ethtrader [link] [comments]

My binance account hacked of 2 bitcoin via 2FA security!!

I went into my binance account a few hours ago, went to put in my 2FA as usual and it seemed strange and slow then kept saying wait until code refreshes which i did and put in code, waited and it did the same again. Then a gmail pop up box asked me for my gmail password as part of verification (silly me put it down), Then it said it would send a code to my cell phone (it knew my number), then i put code in, then it said as part of new security I couldn't access my account 24-48 hours. Few hours later I found they had sold 2 BTC worth of my coins and withdrawn it!! It was the right URL and I was using 2FA, I mean I did what I was meant to and now this!!!! what the hell!!!
submitted by Jigsterboy to BinanceExchange [link] [comments]

My Binance account with 80 btc was hacked /r/Bitcoin

My Binance account with 80 btc was hacked /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Bitmain Sues Mystery Bitcoin Thief Who Hacked Its Binance Account

Bitmain Sues Mystery Bitcoin Thief Who Hacked Its Binance Account

https://preview.redd.it/qgp5xqlgbcx11.jpg?width=1200&format=pjpg&auto=webp&s=92349a023278a6a2233fe01fc61c3892f0c5a1a6
Bitcoin mining giant Bitmain has filed a lawsuit against a mystery hacker who allegedly stole bitcoin from one of the firm’s cryptocurrency exchange accounts.
According to the suit, which the China-based Bitmain filed on Nov. 7 in the US District Court for the Western District of Washington, the unknown hacker infiltrated Bitmain’s Binance account in April and stole funds from the firm.
However, perhaps to better conceal their identity, the hacker did not just attempt to withdraw Bitmain’s funds to their own bitcoin wallet. Rather, they used the bitcoin to artificially inflate the price of small-cap cryptocurrency MANA, the native ERC-20 token of virtual reality platform Decentraland.
Spurred by the irregular trades, the MANA price rocketed from $0.12 to $0.34 on Binance in the span of less than an hour. Even more remarkable, the global MANA price rose to $0.20 — a gain of 40 percent — meaning that a hack involving a single cryptocurrency exchange account single-handedly raised the nominal value of the MANA cryptocurrency’s market cap by more than $80 million.
Presumably, this allowed the hacker to sell MANA they were already holding at inflated prices, and, significantly, they could potentially have liquidated the funds on one or more separate crypto exchanges since the Bitmain pump disrupted the worldwide MANA market.
The suit itself alleges that, as part of the hacker’s wash trading scheme, they transferred approximately 2.3 million MANA to Binance from Seattle-based cryptocurrency exchange Bittrex. It further claims that, “upon information and belief,” the hacker sent the bitcoin that they accrued through wash trading MANA back to Bittrex.
Bitmain claims, that, as a result of the scheme, they lost approximately 617 BTC, worth $5.5 million at the time of the hack.
Commenting on the suit in their weekly “Crypto Caselaw Minute,” lawyers Stephen Palley and Nelson M. Rosario explained that, despite the best efforts of the hacker, this “John Doe suit” will likely allow Bitmain to subpoena account information from Bittrex and Binance, which could ultimately divulge the identity of the thief.
They concluded:
“What’s the lesson? It’s almost Captain Obvious territory folks: Stealing crypto from a centralized exchange leaves a lot of fingerprints. And your name doesn’t need to be known for you to get sued. Now that the lawsuit is on file, one assumes that Bitmain’s next step will be to issue subpoenas to Binance and other service providers, allowing it to identify the defendant.”
submitted by iTradeBit to u/iTradeBit [link] [comments]

Bitmain Sues Mystery Bitcoin Thief Who Hacked Its Binance Account

Bitmain Sues Mystery Bitcoin Thief Who Hacked Its Binance Account submitted by Ranzware to BitNewsLive [link] [comments]

Bitmain Sues Mystery Bitcoin Thief Who Hacked Its Binance Account

Bitmain Sues Mystery Bitcoin Thief Who Hacked Its Binance Account submitted by ulros to fbitcoin [link] [comments]

Bitmain Sues Mystery Bitcoin Thief Who Hacked Its Binance Account

Bitmain Sues Mystery Bitcoin Thief Who Hacked Its Binance Account submitted by cryptoallbot to cryptoall [link] [comments]

Bitmain Sues Mystery Bitcoin Thief Who Hacked Its Binance Account

Bitmain Sues Mystery Bitcoin Thief Who Hacked Its Binance Account submitted by SEVENCALLS7 to CoinMarketNews [link] [comments]

Bitmain Sues Mystery Bitcoin Thief Who Hacked Its Binance Account https://t.co/px2P7LJLOE - Crypto Insider Info - Whales's

Posted at: November 9, 2018 at 09:41PM
By:
Bitmain Sues Mystery Bitcoin Thief Who Hacked Its Binance Account https://t.co/px2P7LJLOE
Automate your Trading via Crypto Bot : https://ift.tt/2EU8PEX
Join Telegram Channel for FREE Crypto Bot: Crypto Signal
submitted by cryptotradingbot to cryptobots [link] [comments]

Binance Temporarily Disables Withdrawals Amidst Reports of User Accounts Getting Hacked, Bitcoin Undergoes Major Correction

Binance Temporarily Disables Withdrawals Amidst Reports of User Accounts Getting Hacked, Bitcoin Undergoes Major Correction submitted by coinwatch to viacoin [link] [comments]

Binance Temporarily Disables Withdrawals Amidst Reports of User Accounts Getting Hacked, Bitcoin Undergoes Major Correction

Binance Temporarily Disables Withdrawals Amidst Reports of User Accounts Getting Hacked, Bitcoin Undergoes Major Correction submitted by coinwatch to CryptoCurrencies [link] [comments]

User Claims Binance Has Stolen 1200 BTC after Locking Account, Does It Relate to the Zaif Hack? /r/Bitcoin

User Claims Binance Has Stolen 1200 BTC after Locking Account, Does It Relate to the Zaif Hack? /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

10-10 09:13 - 'User Claims Binance Has Stolen 1200 BTC after Locking Account, Does It Relate to the Zaif Hack?' (self.Bitcoin) by /u/COCO_NO5 removed from /r/Bitcoin within 3-13min

'''
A Reddit user with the name “u/skilledguyfx” recently published a post that Binance has blocked access to his account containing 1200 bitcoins – or about $7.8 million USD. The reasons given by Binance go from "security" to "investigations by law enforcement"。 However, the user thinks they are unjustified.

Crypto traders spontaneously recall the case that the Japanese crypto exchange Zaif suffered a $60 million theft in the end of September. The blockchain analytical institution, BlockTrace find that over $32 million of the stolen money has flowed into Binance addresses.

Processing img pva5v438pbr11...
These two cases happened in succession and the 1200 BTC account has been locked down for the reason of "investigations by law enforcement", it’s easy for public to link the two cases together. What do you think of the relationship between the locked 1200 BTC and the stolen money from Zaif?
'''
User Claims Binance Has Stolen 1200 BTC after Locking Account, Does It Relate to the Zaif Hack?
Go1dfish undelete link
unreddit undelete link
Author: COCO_NO5
submitted by removalbot to removalbot [link] [comments]

Twitter hacking megathread

Notable twitter accounts have been compromised. I'll post as many links as I can below. I'll scrape and attribute from the comments over time.
Users compromised (non exhaustive): Apple Uber Cashapp Ripple A lot of Crypto Companies (Bitcoin, Coinbase, Gemini, Coindesk, Binance, etc.) A lot of Crypto personalities (Charlie Lee, CZ Binance, Justin Sun, etc.) NYSE Bill Gates Elon Musk Jeff Bezos Kanye West Obama Joe Biden Mr Beast Floyd Mayweather XXXTentacion Wiz Khalifa Warren Buffett credit to zia1997
You can watch the Bitcoin wallet here
Here is a link to a twitter search to see who all is tweeting the hacked message. Credit to ppratik96
https://twitter.com/Cian_911/status/1283508808594132993?s=20
https://twitter.com/RachelTobac/status/1283509795316658176?s=20
https://twitter.com/YarnoRitzen/status/1283515596731297798?s=20
https://twitter.com/oneunderscore__/status/1283507013755056128?s=20
https://twitter.com/jasonbaumgartne/status/1283505889299832832?s=20
https://twitter.com/elonmusk/status/1283504320848306177?s=20
https://twitter.com/oneunderscore__/status/1283503577760137219?s=20 Cian :fourleaf_clover: @jasonbaumgartne @oneunderscore_ @BrandyZadrozny Bezos hacked too, just seconds ago
CNBC: https://www.cnbc.com/2020/07/15/hackers-appear-to-target-twitter-accounts-of-elon-musk-bill-gates-others-in-digital-currency-scam.html originally posted by spoons42
Mashable: https://mashable.com/article/elon-musk-coinbase-binance-twitter-accounts-hacked-cryptocurrency-scam/
TechCrunch: https://techcrunch.com/2020/07/15/twitter-accounts-hacked-crypto-scam/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8
Business Insider: https://www.businessinsider.com/hackers-bitcoin-crypto-cashapp-gates-ripple-coindesk-twitter-scam-links-2020-7 originally posted by youdontknwm3
The Verge: https://www.theverge.com/2020/7/15/21326200/elon-musk-bill-gates-twitter-hack-bitcoin-scam-compromised originally posted by habichuelacondulce
Co-founder of Gemini(crypto currency exchange who got hacked) says they used 2FA and a strong password.
Rumor is an employee panel got hacked which gives access to all Twitter accounts.
Statement from a spokesperson for Bill Gates. "We can confirm that this tweet was not sent by Bill Gates. This appears to be part of a larger issue that Twitter is facing. Twitter is aware and working to restore the account.” (credit to batman_00)
Appears to be a Twitter Employee that was compromised.
Official response from Twitter
submitted by X019 to technology [link] [comments]

Ultimate glossary of crypto currency terms, acronyms and abbreviations

I thought it would be really cool to have an ultimate guide for those new to crypto currencies and the terms used. I made this mostly for beginner’s and veterans alike. I’m not sure how much use you will get out of this. Stuff gets lost on Reddit quite easily so I hope this finds its way to you. Included in this list, I have included most of the terms used in crypto-communities. I have compiled this list from a multitude of sources. The list is in alphabetical order and may include some words/terms not exclusive to the crypto world but may be helpful regardless.
2FA
Two factor authentication. I highly advise that you use it.
51% Attack:
A situation where a single malicious individual or group gains control of more than half of a cryptocurrency network’s computing power. Theoretically, it could allow perpetrators to manipulate the system and spend the same coin multiple times, stop other users from completing blocks and make conflicting transactions to a chain that could harm the network.
Address (or Addy):
A unique string of numbers and letters (both upper and lower case) used to send, receive or store cryptocurrency on the network. It is also the public key in a pair of keys needed to sign a digital transaction. Addresses can be shared publicly as a text or in the form of a scannable QR code. They differ between cryptocurrencies. You can’t send Bitcoin to an Ethereum address, for example.
Altcoin (alternative coin): Any digital currency other than Bitcoin. These other currencies are alternatives to Bitcoin regarding features and functionalities (e.g. faster confirmation time, lower price, improved mining algorithm, higher total coin supply). There are hundreds of altcoins, including Ether, Ripple, Litecoin and many many others.
AIRDROP:
An event where the investors/participants are able to receive free tokens or coins into their digital wallet.
AML: Defines Anti-Money Laundering laws**.**
ARBITRAGE:
Getting risk-free profits by trading (simultaneous buying and selling of the cryptocurrency) on two different exchanges which have different prices for the same asset.
Ashdraked:
Being Ashdraked is essentially a more detailed version of being Zhoutonged. It is when you lose all of your invested capital, but you do so specifically by shorting Bitcoin. The expression “Ashdraked” comes from a story of a Romanian cryptocurrency investor who insisted upon shorting BTC, as he had done so successfully in the past. When the price of BTC rose from USD 300 to USD 500, the Romanian investor lost all of his money.
ATH (All Time High):
The highest price ever achieved by a cryptocurrency in its entire history. Alternatively, ATL is all time low
Bearish:
A tendency of prices to fall; a pessimistic expectation that the value of a coin is going to drop.
Bear trap:
A manipulation of a stock or commodity by investors.
Bitcoin:
The very first, and the highest ever valued, mass-market open source and decentralized cryptocurrency and digital payment system that runs on a worldwide peer to peer network. It operates independently of any centralized authorities
Bitconnect:
One of the biggest scams in the crypto world. it was made popular in the meme world by screaming idiot Carlos Matos, who infamously proclaimed," hey hey heeeey” and “what's a what's a what's up wasssssssssuuuuuuuuuuuuup, BitConneeeeeeeeeeeeeeeeeeeeeeeect!”. He is now in the mentally ill meme hall of fame.
Block:
A package of permanently recorded data about transactions occurring every time period (typically about 10 minutes) on the blockchain network. Once a record has been completed and verified, it goes into a blockchain and gives way to the next block. Each block also contains a complex mathematical puzzle with a unique answer, without which new blocks can’t be added to the chain.
Blockchain:
An unchangeable digital record of all transactions ever made in a particular cryptocurrency and shared across thousands of computers worldwide. It has no central authority governing it. Records, or blocks, are chained to each other using a cryptographic signature. They are stored publicly and chronologically, from the genesis block to the latest block, hence the term blockchain. Anyone can have access to the database and yet it remains incredibly difficult to hack.
Bullish:
A tendency of prices to rise; an optimistic expectation that a specific cryptocurrency will do well and its value is going to increase.
BTFD:
Buy the fucking dip. This advise was bestowed upon us by the gods themselves. It is the iron code to crypto enthusiasts.
Bull market:
A market that Cryptos are going up.
Consensus:
An agreement among blockchain participants on the validity of data. Consensus is reached when the majority of nodes on the network verify that the transaction is 100% valid.
Crypto bubble:
The instability of cryptocurrencies in terms of price value
Cryptocurrency:
A type of digital currency, secured by strong computer code (cryptography), that operates independently of any middlemen or central authoritie
Cryptography:
The art of converting sensitive data into a format unreadable for unauthorized users, which when decoded would result in a meaningful statement.
Cryptojacking:
The use of someone else’s device and profiting from its computational power to mine cryptocurrency without their knowledge and consent.
Crypto-Valhalla:
When HODLers(holders) eventually cash out they go to a place called crypto-Valhalla. The strong will be separated from the weak and the strong will then be given lambos.
DAO:
Decentralized Autonomous Organizations. It defines A blockchain technology inspired organization or corporation that exists and operates without human intervention.
Dapp (decentralized application):
An open-source application that runs and stores its data on a blockchain network (instead of a central server) to prevent a single failure point. This software is not controlled by the single body – information comes from people providing other people with data or computing power.
Decentralized:
A system with no fundamental control authority that governs the network. Instead, it is jointly managed by all users to the system.
Desktop wallet:
A wallet that stores the private keys on your computer, which allow the spending and management of your bitcoins.
DILDO:
Long red or green candles. This is a crypto signal that tells you that it is not favorable to trade at the moment. Found on candlestick charts.
Digital Signature:
An encrypted digital code attached to an electronic document to prove that the sender is who they say they are and confirm that a transaction is valid and should be accepted by the network.
Double Spending:
An attack on the blockchain where a malicious user manipulates the network by sending digital money to two different recipients at exactly the same time.
DYOR:
Means do your own research.
Encryption:
Converting data into code to protect it from unauthorized access, so that only the intended recipient(s) can decode it.
Eskrow:
the practice of having a third party act as an intermediary in a transaction. This third party holds the funds on and sends them off when the transaction is completed.
Ethereum:
Ethereum is an open source, public, blockchain-based platform that runs smart contracts and allows you to build dapps on it. Ethereum is fueled by the cryptocurrency Ether.
Exchange:
A platform (centralized or decentralized) for exchanging (trading) different forms of cryptocurrencies. These exchanges allow you to exchange cryptos for local currency. Some popular exchanges are Coinbase, Bittrex, Kraken and more.
Faucet:
A website which gives away free cryptocurrencies.
Fiat money:
Fiat currency is legal tender whose value is backed by the government that issued it, such as the US dollar or UK pound.
Fork:
A split in the blockchain, resulting in two separate branches, an original and a new alternate version of the cryptocurrency. As a single blockchain forks into two, they will both run simultaneously on different parts of the network. For example, Bitcoin Cash is a Bitcoin fork.
FOMO:
Fear of missing out.
Frictionless:
A system is frictionless when there are zero transaction costs or trading retraints.
FUD:
Fear, Uncertainty and Doubt regarding the crypto market.
Gas:
A fee paid to run transactions, dapps and smart contracts on Ethereum.
Halving:
A 50% decrease in block reward after the mining of a pre-specified number of blocks. Every 4 years, the “reward” for successfully mining a block of bitcoin is reduced by half. This is referred to as “Halving”.
Hardware wallet:
Physical wallet devices that can securely store cryptocurrency maximally. Some examples are Ledger Nano S**,** Digital Bitbox and more**.**
Hash:
The process that takes input data of varying sizes, performs an operation on it and converts it into a fixed size output. It cannot be reversed.
Hashing:
The process by which you mine bitcoin or similar cryptocurrency, by trying to solve the mathematical problem within it, using cryptographic hash functions.
HODL:
A Bitcoin enthusiast once accidentally misspelled the word HOLD and it is now part of the bitcoin legend. It can also mean hold on for dear life.
ICO (Initial Coin Offering):
A blockchain-based fundraising mechanism, or a public crowd sale of a new digital coin, used to raise capital from supporters for an early stage crypto venture. Beware of these as there have been quite a few scams in the past.
John mcAfee:
A man who will one day eat his balls on live television for falsely predicting bitcoin going to 100k. He has also become a small meme within the crypto community for his outlandish claims.
JOMO:
Joy of missing out. For those who are so depressed about missing out their sadness becomes joy.
KYC:
Know your customer(alternatively consumer).
Lambo:
This stands for Lamborghini. A small meme within the investing community where the moment someone gets rich they spend their earnings on a lambo. One day we will all have lambos in crypto-valhalla.
Ledger:
Away from Blockchain, it is a book of financial transactions and balances. In the world of crypto, the blockchain functions as a ledger. A digital currency’s ledger records all transactions which took place on a certain block chain network.
Leverage:
Trading with borrowed capital (margin) in order to increase the potential return of an investment.
Liquidity:
The availability of an asset to be bought and sold easily, without affecting its market price.
of the coins.
Margin trading:
The trading of assets or securities bought with borrowed money.
Market cap/MCAP:
A short-term for Market Capitalization. Market Capitalization refers to the market value of a particular cryptocurrency. It is computed by multiplying the Price of an individual unit of coins by the total circulating supply.
Miner:
A computer participating in any cryptocurrency network performing proof of work. This is usually done to receive block rewards.
Mining:
The act of solving a complex math equation to validate a blockchain transaction using computer processing power and specialized hardware.
Mining contract:
A method of investing in bitcoin mining hardware, allowing anyone to rent out a pre-specified amount of hashing power, for an agreed amount of time. The mining service takes care of hardware maintenance, hosting and electricity costs, making it simpler for investors.
Mining rig:
A computer specially designed for mining cryptocurrencies.
Mooning:
A situation the price of a coin rapidly increases in value. Can also be used as: “I hope bitcoin goes to the moon”
Node:
Any computing device that connects to the blockchain network.
Open source:
The practice of sharing the source code for a piece of computer software, allowing it to be distributed and altered by anyone.
OTC:
Over the counter. Trading is done directly between parties.
P2P (Peer to Peer):
A type of network connection where participants interact directly with each other rather than through a centralized third party. The system allows the exchange of resources from A to B, without having to go through a separate server.
Paper wallet:
A form of “cold storage” where the private keys are printed onto a piece of paper and stored offline. Considered as one of the safest crypto wallets, the truth is that it majors in sweeping coins from your wallets.
Pre mining:
The mining of a cryptocurrency by its developers before it is released to the public.
Proof of stake (POS):
A consensus distribution algorithm which essentially rewards you based upon the amount of the coin that you own. In other words, more investment in the coin will leads to more gain when you mine with this protocol In Proof of Stake, the resource held by the “miner” is their stake in the currency.
PROOF OF WORK (POW) :
The competition of computers competing to solve a tough crypto math problem. The first computer that does this is allowed to create new blocks and record information.” The miner is then usually rewarded via transaction fees.
Protocol:
A standardized set of rules for formatting and processing data.
Public key / private key:
A cryptographic code that allows a user to receive cryptocurrencies into an account. The public key is made available to everyone via a publicly accessible directory, and the private key remains confidential to its respective owner. Because the key pair is mathematically related, whatever is encrypted with a public key may only be decrypted by its corresponding private key.
Pump and dump:
Massive buying and selling activity of cryptocurrencies (sometimes organized and to one’s benefit) which essentially result in a phenomenon where the significant surge in the value of coin followed by a huge crash take place in a short time frame.
Recovery phrase:
A set of phrases you are given whereby you can regain or access your wallet should you lose the private key to your wallets — paper, mobile, desktop, and hardware wallet. These phrases are some random 12–24 words. A recovery Phrase can also be called as Recovery seed, Seed Key, Recovery Key, or Seed Phrase.
REKT:
Referring to the word “wrecked”. It defines a situation whereby an investor or trader who has been ruined utterly following the massive losses suffered in crypto industry.
Ripple:
An alternative payment network to Bitcoin based on similar cryptography. The ripple network uses XRP as currency and is capable of sending any asset type.
ROI:
Return on investment.
Safu:
A crypto term for safe popularized by the Bizonnaci YouTube channel after the CEO of Binance tweeted
“Funds are safe."
“the exchage I use got hacked!”“Oh no, are your funds safu?”
“My coins better be safu!”


Sats/Satoshi:
The smallest fraction of a bitcoin is called a “satoshi” or “sat”. It represents one hundred-millionth of a bitcoin and is named after Satoshi Nakamoto.
Satoshi Nakamoto:
This was the pseudonym for the mysterious creator of Bitcoin.
Scalability:
The ability of a cryptocurrency to contain the massive use of its Blockchain.
Sharding:
A scaling solution for the Blockchain. It is generally a method that allows nodes to have partial copies of the complete blockchain in order to increase overall network performance and consensus speeds.
Shitcoin:
Coin with little potential or future prospects.
Shill:
Spreading buzz by heavily promoting a particular coin in the community to create awareness.
Short position:
Selling of a specific cryptocurrency with an expectation that it will drop in value.
Silk road:
The online marketplace where drugs and other illicit items were traded for Bitcoin. This marketplace is using accessed through “TOR”, and VPNs. In October 2013, a Silk Road was shut down in by the FBI.
Smart Contract:
Certain computational benchmarks or barriers that have to be met in turn for money or data to be deposited or even be used to verify things such as land rights.
Software Wallet:
A crypto wallet that exists purely as software files on a computer. Usually, software wallets can be generated for free from a variety of sources.
Solidity:
A contract-oriented coding language for implementing smart contracts on Ethereum. Its syntax is similar to that of JavaScript.
Stable coin:
A cryptocoin with an extremely low volatility that can be used to trade against the overall market.
Staking:
Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. On these blockchains, anyone with a minimum-required balance of a specific cryptocurrency can validate transactions and earn Staking rewards.
Surge:
When a crypto currency appreciates or goes up in price.
Tank:
The opposite of mooning. When a coin tanks it can also be described as crashing.
Tendies
For traders , the chief prize is “tendies” (chicken tenders, the treat an overgrown man-child receives for being a “Good Boy”) .
Token:
A unit of value that represents a digital asset built on a blockchain system. A token is usually considered as a “coin” of a cryptocurrency, but it really has a wider functionality.
TOR: “The Onion Router” is a free web browser designed to protect users’ anonymity and resist censorship. Tor is usually used surfing the web anonymously and access sites on the “Darkweb”.
Transaction fee:
An amount of money users are charged from their transaction when sending cryptocurrencies.
Volatility:
A measure of fluctuations in the price of a financial instrument over time. High volatility in bitcoin is seen as risky since its shifting value discourages people from spending or accepting it.
Wallet:
A file that stores all your private keys and communicates with the blockchain to perform transactions. It allows you to send and receive bitcoins securely as well as view your balance and transaction history.
Whale:
An investor that holds a tremendous amount of cryptocurrency. Their extraordinary large holdings allow them to control prices and manipulate the market.
Whitepaper:

A comprehensive report or guide made to understand an issue or help decision making. It is also seen as a technical write up that most cryptocurrencies provide to take a deep look into the structure and plan of the cryptocurrency/Blockchain project. Satoshi Nakamoto was the first to release a whitepaper on Bitcoin, titled “Bitcoin: A Peer-to-Peer Electronic Cash System” in late 2008.
And with that I finally complete my odyssey. I sincerely hope that this helped you and if you are new, I welcome you to crypto. If you read all of that I hope it increased, you in knowledge.
my final definition:
Crypto-Family:
A collection of all the HODLers and crypto fanatics. A place where all people alike unite over a love for crypto.
We are all in this together as we pioneer the new world that is crypto currency. I wish you a great day and Happy HODLing.
-u/flacciduck
feel free to comment words or terms that you feel should be included or about any errors I made.
Edit1:some fixes were made and added words.
submitted by flacciduck to CryptoCurrency [link] [comments]

BREAKING: Binance hacked! 7000 BTC stolen... Binance HACKED For 7000 BTC/$40 Million Is Your Crypto at Risk? Binance $40,000,000 Bitcoin HACK! Binance Has Been Hacked Binance Hacked! / Someone Threatens To Kill Me Binance Hacked? How to stay safe Binance HACKED - Bitcoin Rally Stalled The Binance Hack...a discussion Binance Hack! Valuable Opportunity? BITCOIN Scammers Conduct Massive Twitter Hack Including Crypto Community & $1 Million Bounty

Binance’s hack is a major setback for the exchange and for bitcoin, which has been beginning to come into its own. The bitcoin price was finally hitting a stride in 2019, and now the crypto market has been rocked by Binance’s largest security breach ever. The bitcoin exchange is in the middle of unveiling its decentralized exchange, and all eyes have been on Binance. CZ’s transparent and ... Binance hacked for 7,000 Bitcoin in "large scale security breach" Though trading will continue, the $40 million hack means Binance will halt withdrawals and deposits for a week, while performing a security audit. By Tim Copeland. 2 min read. May 7, 2019 Nov 16, 2019. Binance Coin. photo credit: Shutterstock. Binance suffered a large scale security breach late today, according to a statement ... Binance, one of the world’s largest cryptocurrency exchanges, said hackers withdrew 7,000 Bitcoins worth about $40 million via a single transaction in a “large scale security breach,” the ... 07-15-2020 BREAKING: Bill Gates, Apple, Binance, and Coinbase Exchanges Lose Twitter Accounts to Hackers By Sagetwriter. UPDATE: The Twitter accounts of Cash App, Tesla boss Elon Musk, Bill Gates, Apple, and Uber have also been compromised; with the scammers offering to double Bitcoin payments made to a support a fake COVID-19 Fund. Binance traced the cryptocurrency theft — more than 7,000 bitcoins at the time of writing — to a single wallet after the hackers stole the contents of the company’s bitcoin hot wallet ... Binance said the theft occurred from the company's so-called "hot wallet," which accounts for about 2% of its total bitcoin holdings. A wallet is a digital means of storing cryptocurrency. A "hot ... Binance was massively hacked a few hours ago. Hackers stole 7,000 Bitcoin (BTC) from Binance. The stock market is the largest Bitcoin and Crypto Exchange in the world in terms of trading volume. It is one of the most trusted and secure exchanges in Crypto Space. Nobody expected such a massive attack after such a long series of successes by ...

[index] [16129] [12974] [17199] [11247] [9979] [22146] [22851] [4444] [5968] [21373]

BREAKING: Binance hacked! 7000 BTC stolen...

Binance today was hacked for 7,000 Bitcoin, while markets are remaining resilient, what does this mean for you and your Bitcoin? Sources https://www.theblock... Consult a professional (or two...or more) for any tax, accounting or legal related questions you may have. #bitcoin #ethereum #cryptocurrency #blockchain #crypto #economics #investing #trading # ... Binance Hacked? System Upgrade Complete lol Use common sense cash out and go to Hitbtc https://goo.gl/WV2fVW and Check Binance back later. Stay Safe. CZ:binance wites on Twitter: "If you have ... The #Binance Hack...a discussion Thank you Andreas! Check out our partner page at: https://thelocalforum.com/ Here you can find free stuff & free samples tha... Ledn's first product, Bitcoin-backed loans, gives hodlers access to dollar liquidity without having to sell their bitcoin. This lets you keep the any potential appreciation in your precious bitcoin. Binance Hacked How much was stolen & what can we learn from this? - Duration: 10:29. ... Could Binance Really Destroy Bitcoin? - Duration: 8:59. Crypto Tips 3,869 views. 8:59 . TOP 10 Wash ... Big announcement from Binance, they were just hacked for 7000 BTC. Take a listen. Article: https://binance.zendesk.com/hc/en-us/articles/360028031711 Become... #Bitcoin #BTC #Crypto. Category Science & Technology; Show more Show less. Loading... Advertisement Autoplay When autoplay is enabled, a suggested video will automatically play next. Up next THIS ... Binance Has Been Hacked Jumping on live to discuss what is going on with the Binance Bitcoin Hack! #Binance #Bitcoin #Hack. Firstly, thanks for watching I appreciate your support! Bitcoin scammers conducted a huge hack on Twitter which included the following accounts: Bill Gates Barack Obama Elon Musk Uber Jeff Bezos Apple Kanye West Mike Bloomberg Mr Beast Joe Biden ...

https://abudabibinaryoptiontrade.binance-crypto-currencyexchanges.trade