API problem on Binance takes down BTC prices

BINANCE:BTCUSDT   Bitcoin / TetherUS
Today thousands of users got "hacked" after an API problem on Binance. Although there are still no further information, users who used an API from a trading bot got "hacked" and their accounts starts to sell all their coins for Market Price and buy VIA on Binance.

After it got public on Reddit it still took around an hour for the sellings to start.

Therefore, there was a warning an hour before. A Whale sold around 3,6 million dollars in BTC on Binance for market price.

Thre prices now are stable so don't sell now.

Updates later!
Trade closed manually: It was a scam and Binance reversed all the transactions. The hackers couldn't take any profit and lost their money. Case solved. Updates on BTC downtrend are on the other ideas. doesnt seem to be letting people log on again which i find suspicious under the circumstances
Last month Binance suspends action on their servers over a "server issue" and now some of their accounts get hacked. Not a good time for Binance I guess.

I don't know about "stable so don't sell now"... As think we were going lower even before this issue. But that is a different discussion.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out