Binance Freezes Funds Stolen by Hackers from Cryptopia ...

Bitcoin: Breaking All the Rules: Idiocracy: Sad vs. Happy Ending?: To Be Continued

4 years ago my girlfriend and I were trekking through Costa Rica, listening to a podcast about the silk road and a dark web. It was such a great listen and the content was something right out of a science fiction novel. Hackers, drug and arms dealers, digital rebels. The podcast went on to talk about how they used a digital currency. They talked about how it didn't have a bank, but rather it had kiosks that you could use to purchase these Bitcoins. In my imagination, they put money into an atm and out popped a gold coin that proved they owned that digital currency, silly.
Who would have thought this podcast was revealing an asset with the potential to turn rags to riches?! I just wasn't able to wrap my head around what was happening then. In my defense I was pleasantly distracted on an adventure in Costa Rica! I couldn't put the pieces together, the internet and currency were uniting under a blanket of anonymity. Must have been too busy looking for Toucans and Scarlet Macaws.
I've never been one to invest, never had the savings. Rough past and not a lot of income. Never smart with money. I was only able to go to Costa Rica because of a tiny inheritance from my grandmother passing away. If only I had spent the rest ($5,000) on those Bitcoin thingies!
I went about my life occasionally hearing about Bitcoin and I would always remember that podcast. Had I just opened up Google and followed up more, fuckin hindsight... Years go by and i hear how Bitcoin suffered some big losses here and there but I kept my distance.
This brings us to January 2017... Money is extremely tight as always and we've started taking on credit card debt with daily expenses and things are adding up. One day I'm in the men's library (shitter) and I read headlines saying Bitcoin is making a monster run. I decide then and there that I won't let this opportunity pass me by, "it's time to get ahead" says an internal voice. "But, you have no nest egg" says another. I didn't know what FOMO was at the time, but this was the ultimate case. I threw caution to the wind and went in hard towards a dream of financial freedom. It's as if the stars were going to align and I would finally catch a break. I took out a loan for 10k and stocked my digital wallet. Now I just needed to sit back and watch this thing continue to run. Financial freedom, here we come!!!
News Flash: South Korea is looking to ban cryptocurrency trading India announces they are going to crack down South Korea not banning cryptocurrency but no longer anonymous trading Bitfinex/Tether subpoena Coins being stolen by the millions US to discuss cryptocurrency regulations China bans citizens from foreign exchanges Binance "hacked" Mt Gox trustee dumping hundreds of thousands of coins on the open market Market manipulation Bitcoin is a bubble
I mean talk about a cluster fuck the moment I entered the trade! I feel like I bought tickets to Bitcoin's show and the asshole said peace and dropped the mic. This was one of the worst decisions I've ever made, and I've done a lot of dumb shit in my life. Taking out credit on an investment?! Brilliant! I made the biggest mistake in the book (one I had clearly never read) which is don't put in what you're not willing to lose.
I've read a lot of posts from veterans on Reddit who paint the perfect picture of my portrait "The Idiot Rookie and the Bitcoin" it's a masterpiece. I do commend a lot of you guys, I've seen some great advice. Advice that I wish I had read before diving head first into this world. I've always been a tough lesson kind of guy and class is in session. Hopefully I can graduate.
All aboard the emotional roller-coaster of cryptocurrency with too much invested! The last 2 months have been an experience like none other. So many ups and downs. Tonight I'm restless, so I type this story for you. This is the story about a dumbass guy who was grasping at straws and still is. His intentions may be good, but who knows how he'll fare. Sure a lot of you say cut your losses, but how do you cut ties with something you've fallen in love with? How do you turn your back on the tech after the fact?
Buckle Up It Gets Worse: Last weekend I finally broke the news to my fiance that I had done this behind her back potential increasing our debt if this thing blows up. Let's say things aren't the greatest in the love life. Trust for the first time in 4.5 years of our relationship is in question.
So here we are. The price is dropping hard, again. Things are a mess but I still hold on for dear life. Strange thing is that its starting to have no effect on me. Despite the ramifications of a complete crash, you think I would. Maybe I'd be a great investor if I didn't have debt on the line. All I do now is research blockchain day in and day out. I've done so everyday since things went south. Figured I should learn what the hell I heard about in that podcast so many years ago. Should learn about what I overextended myself with a loan for.
It really is brilliant. Blockchain is without a doubt a huge piece to our future.
All the ups, downs, sad truths to loved ones, fist pumps when I see a price pump and the swear words when they dunno (today I got caught in Ast after I fucked up my stop loss...) I've made countless mistakes and I'm sure I'll make more. I keep pushing myself towards becoming a knowledgeable tradeinvestor in hopes that I'll stop making mistakes when I do both. I'm definitely a HODLer until then, with a coin I'm not passionate about (AST) and a few that I am.
It's been over 2 months since entry. My skin is leather now, the stress of the past few months have turned my insides to stone. I'm down 60% and I'm still optimistic (or in denial?). I'm bleeding just like the rest of you, maybe even more with the interest. Will my decision to HODL be the right one? I guess only time will tell. My fiance asked me if I'm willing to accept the loss if a full crash occurs or at least willing to manage the interest until the investment turns positive. I'm 99% sure that I am, now that I know what this technology is all about.
Are you?
To be continued...
edit the reason I share my story is to not add to the sentiment of fear, but rather to give hope to other new investors. Just maybe one person, new to cryptocurrency reads this and says, ok things aren't as bad for me, I'll HODL with this dude. One less person quitting cryptocurrency is a win in my book.
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BREAKING: Binance hacked! 7000 BTC stolen... BINANCE HACKED!!  $40,000,000 STOLEN!  Bitcoin Q&A: Binance hack, chain roll-back? 34 Bitcoin Hacked/Stolen  Binance Phishing Website  How To Protect Yourself? - Be Safe!!! 34 Bitcoin Hacked/Stolen  Binance Phishing Website  How To Protect Yourself? - Be Safe!!! Binance Hacked - What You Need to Know About Holding Your Cryptocurrencies on Centralized Exchanges

The CEO of Binance has offered to help a podcast host who lost his Bitcoin life savings in a phishing scam. Binance CEO Changpeng Zhao responded to an emotional plea on Twitter by entrepreneur and host of the “Protocol Podcast”, Eric Savics, who lost 12 Bitcoin—worth around $113,000—in a hardware wallet phishing attack.. Zhao responded to Savics’s video on Twitter—which has been ... According to media reports, hackers have stolen more than $40 million worth of bitcoins from Binance. According to the trading volumes data available with coinmarketcap.com, Binance is the world’s fourth-largest cryptocurrency exchange as per the trading volumes of the last 30 days. Hackers have been able to withdraw 7,000 bitcoin in a single transaction, Binance said. The CEO of Binance, Changpeng Zhao, was made aware via twitter of the presence of funds in the exchange that had been stolen from Cryptopia. CZ, as he is famously known, acknowledged that they identified the funds and had been able to freeze some of them. His exact words and tweet can be found below. Just checked, we were able to freeze some of the funds. Bitcoin Wallet Guide, Reviews and Comparison. By: Ofir Beigel Last updated: 10/23/20 Bitcoin wallets are programs that allow you to send and receive Bitcoin. However, in order to choose the best wallet for your needs there are a lot of factors to take into account. Ein findiger Twitter-Nutzer namens „I dream of Alts“ erkannte jedoch über Etherscan, dass eine (bisher) unbekannte Person begann, von Cryptopia entwendete Token an verschiedene Börsen zu senden. Daraufhin forderte der Twitter-Nutzer Binance dazu auf, selbige Coins einzufrieren: Hey @cz_binance Binance has stolen tokens from Topia hitting ... Can Bitcoin be stolen? Yes, if someone gets hold of your private keys then it can be stolen. This is no different compared to your other assets. So do not hand over your private keys to anyone. And leaving your coins on the exchange is equivalent to not having your private key secured. Can Bitcoin fail? Bitcoin has not yet been hacked so it is doubtful it will fail technically. By failure if ... And Binance DEX is a decentralized exchange where you hold your own private keys and you manage your own wallet. And if you lose your private keys you lose your coin. So there's nothing we can do about it. But you know that you're holding yourself, and it's a decentralized network of nodes, we have much less control. We’re one of the developer teams contributing to the technology and there ... Samourai Wallet is a bitcoin mobile wallet for Android that was created to keep your transactions private, your identity masked and your funds secure. Samourai is built and maintained by privacy activists who have dedicated their lives to creating software that Silicon Valley will never build, the regulators will never allow and VCs will never invest in. To allow users to trade for popular cryptos such as Bitcoin, the protocol creates a pegged BinanceChain version of those popular tokens. This system requires users to put all of their trust into Binance. They must trust Binance to stay true to their 1:1 peg, and they have to trust Binance to remain secure and not lose funds due to hacks. Lastly ... Crypto Exchanges, including Binance, Coinbase, and Kraken ; After you have converted your bitcoins into cash, you can visit any dealership to buy your dream car. The benefit of using this option to buy a car is that it increases the number of available dealerships. Therefore, you are likely to get a much better deal. Method # 2: Find dealerships that accept Bitcoin. There was a time when ...

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BREAKING: Binance hacked! 7000 BTC stolen...

Binance considered rolling back the Bitcoin chain in order to recover stolen funds. How would that have happened? How likely is it that such a recovery method would be executed in the future? My Hardware Wallets: ... Stolen Bitcoin Tracing - Computerphile - Duration: 8:52. Computerphile Recommended for you. 8:52. Inside the Story: We Go Deep On the Binance Hacker Story - Duration: 9:46 ... The above link is to the stolen Bitcoin coming from Binance Bitcoin hot wallet that according to Binance holds 2% of their total Bitcoin holdings. Currently, deposits and withdrawals are on hold ... *MUST WATCH* 40 BTC Stolen Binance Phishing Scam Twitter Scam Warnings Protect Yourself - Duration: 9 ... How To Make A Bitcoin Wallet Offline - Cold Storage Safe, Secure, Fast AND EASY ... Binance: https://www.binance.com/?ref=11069112 Bitcoin News Today: Binance was hacked for 7,000 BTC today. Are Binance funds SAFU? There was an unplanned Bin... Recommended Wallet: Trezor Code: rdysv8k8w29q My Twitter! Donations are very much appreciated as they help me allocate more time to helping you and keep this channel going!! Bitcoin ...

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