[dtube] Daily: Binance Resumes / MyEtherWallet Breaks UP

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Binance not hacked and resumes trading / Hostile takeover of My Ether Wallet Twitter following myetherwallet co-founder breakup.

0:51 Market Analysis
1:36 Binance is up and running. NOT Hacked
3:21 MyEtherWallet Debacle explained
8:27 City of Taipei Confirms It's Testing IOTA Tech for ID

Mycrypto explaination of hostile takeover: https://twitter.com/mycrypto/status/961885331183185924

MyEtherWallet explaination: https://twitter.com/myetherwallet/status/961792085060808704

Alternatives to MEW:
MIST (Ethereum Foundation): https://www.ethereum.org/
Metamask: https://metamask.io
Enjin Wallet (Mobile): https://enjinwallet.io/

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147 comments
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Thank you for the information

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GOod to know. Binance has always been fast and reliable whenever I use it.
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yes its a good exchange but this maintenance thing just messed up the people & scared the traders for sometime.

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(Edited)

I think the URL changes as with accessing Binance from a different country. But I'm just glad our accounts weren't wiped out.

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I could not login to Binance.com the website for me did not load... but doing some research... the url us.binance.com works just find and have been trading today already no issues.. hope they get their main domain fixed soon..

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(Edited)

binance.com works now. CZ also stated on twitter that they where getting ddos'd at the time Binance is a good exchange but I would still never recommend leaving any money on it as in moments like this it's never a good feeling.

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Is it just me or anytime a crypto site goes down for "maintenance" I hold my breath untill they are back up and my money is stll there?

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just think what if they never open again

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I couldnt agree more they have really come a long way in such a short time. They have a decent market influence when coins are listed and play a big role in the ecosystem. They are one of the few exchanges that have implemented a discount for the trouble caised with the upgrade. I see BNB doing really well going forward.

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but what happened to them in those critical days? this is the real question.

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but very sensitive too..... u skip n gone.... it ask no confirmation. well what they thinked

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At first I was concerned but I think I'm going to follow a supported route and go with my crypto. I can't wait to see how mycrypto and myetherwallet develop moving forward. I really hope they'll both continue develop for the crypto space and stay free and open.

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This publication has caught my attention because this is something that is being achieved to see that break is something that goes up every day as for example what is happening with the nano ledger s and its recent problems.

By the way very good criticism that you do I congratulate you.

A big hug from Venezuela I hope we can continue reading

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this is unexpected, but it is good to know because of its immediacy and reliability, thanks for the contribution

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It is a relief that Binance was not hacked, but I am not able to trade on there again yet. Has anyone actually had trading resume on their account since the maintenance?

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Thank you for sharing good point.

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Binance is the very fast growing exchange & its on its way to come under top 3 exchange because its giving more option on trading new coins for the traders which is attracting the traders for sure.

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Good information, hope we all learn from this.

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Fellow Binancians,

Binance will perform a scheduled system upgrade shortly after 2018/02/10 6:00 AM (UTC). The upgrade will take approximately 30 minutes. Binance will suspend withdrawals and trading during this period. We apologize for any inconvenience caused, and thank you for your patience.

Thank you for your support.

Binance Team

2018/02/10

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Binance not hacked and resumes trading / Hostile takeover of My Ether Wallet Twitter following myetherwallet co-founder breakup.

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I think your title about MEW breaking up is too misleading. Too much of a click bait scheme. It really frightened me that MEW had a real issue. Just some feedback for you. I like your channel.

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I am a big fan of Binance Though i do not like the idea of minimum withdrawal limits.

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Arguments against keeping coins in exchanges like Binance:

You don't own the private keys of your wallets.
Most are unregulated and uninsured.

I keep 0% in exchanges and you should too!!!

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I think the Bitgrail situation showed everyone the dangers of leaving Coins in exchanges. Although if there was one exchange I would trust, it would be Binance.

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Trust yourself and self educate yourself so that you don’t need to trust the exchanges to store your money. Be your own bank

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Cold storage is great for people looking to "Hodl" but not for day traders, swing traders etc.

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Yeah, that mininum withdrawal got me but it is still better than blockchain confirmation isssue

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(Edited)

It does tend to create problems especially for people with lower trading amounts, although they're working on a solution to enable users to trade fractions of coins for binance coin. The point being binance coin = Dust. We shall see.

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yup ...they dont want somebody withdraw...hehehe n no fractional trade also ...thts the flaw

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This is why I really dislike John McAfee, he has influence and lots of followers. He didn't do the responsible thing by contacting Binance directly and confirming it, instead he perpetuated it. It is soooooo grossly irresponsible and, in my not so humble opinion, very stupid, not to try to confirm something before spreading it.

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Think for yourself! Don't let John McAfee think for you. lol

I like John McAfee and just one tweet doesn't make me hate him and I follow him and at the same time I've the ability to think for myself.

If people can't think or research for themselves then it's their problem. It's always easy to blame someone else right ?

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He doesn't think for me. I am pointing this out because there are people that will take his word as fact because he is a person of influence. I do my own research and I don't take anything he says as fact until I verify it myself.

I think he is irresponsible of him for not doing his due diligence himself before spreading a rumor to his followers.

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you have completed the task with my friend perfect.you are very great, we can take advantage of your posting.send for all achievement you are my friend

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In most of the countries cryptocurrencies are ban now.

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It's really great post. Thanks for sharing.

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I am a major devotee of Binance Though I don't care for the possibility of least withdrawal limits.

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Ap ki posts bhot ache hoti hy .might bhot pasand hy,ap bhot acha Kam kr rha hy .use trha Janat krti rho.good post,

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lots of fud out there in reality binance announced that they would be doing maintenance back in January so it comes to no surprise although they didn't give specific time frame they did say February.

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thank you myetherwallet

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Binance exchange is one of the best growing exchange in the market. It is safe and not hacked.

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Great article bro. Been on steemit for a minute. Def will support you!!

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Binance is one of the best ewallet. One reason I used binance more than other Cryptocurrency wallet is because of ease in exchanging coins

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Great Info, and great content. Just created my Ether Account. Thanks for the info.

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It's fortunate the Binance event turned out to be only a rather long outage, and not something worse. But this is yet another lesson for us to withdraw most of our crypto assets to wallets that we control. And leaving at exchanges only the amount we plan for short term trading.

Admittedly there are the cost and time factors. The transfer fee at Binance for ERC20 tokens are significantly higher than Bittrex. It's like Binance intentionally doing so to discourage clients from withdrawing.

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I Knew binance wasn't hacked from the start! Thanks for the great post, and for posting positive info! image

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Binance has always been fast and reliable whenever I use it.
.

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Binance is down again... even the sub domains us.binance and kr.binance... I'm using KuCoin and Bitfinex in the meanwhile

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Good to hear that Binance is back up and ready for trading.

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Congratulations @boxmining, this post is the most rewarded post (based on pending payouts) in the last 12 hours written by a Hero account holder (accounts that hold between 10 and 100 Mega Vests). The total number of posts by Hero account holders during this period was 367 and the total pending payments to posts in this category was $9897.65. To see the full list of highest paid posts across all accounts categories, click here.

If you do not wish to receive these messages in future, please reply stop to this comment.

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Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @thejohalfiles valued at 290.85 SBD, based on the pending payout at the time the data was extracted.

If you do not wish to receive these messages in future, reply with the word "stop".

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You guys are doing a good job. Thanks for the info!

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The normal website still doesn't work but us.binance.com is working and if you are having problems with your withdrawal email confirmation link try replacing the www. with us.

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I am new to steemit
But i like the way the binance works
It is very reliable and handy
Good post btw

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NICE post
Please vote me to

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good news. thanks for information :)

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Hello BOXMINING always like ur videos, great spirit ! :)

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Thank you so much for the links
I think the Binance is the best exchange

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I think tron is really going to have a decent rise going forward, they have a huge comunity following.

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Interesting article!

Checkout @cryptobroye for more bitcoin info and analysis. Im sure there's a lot we can learn from each other!

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I still believe on Binance. The only exchange i trust to trade.

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For some reason only https://us.biance.com works for me. Don't know why binance.com doesn't work, anyone know why they changed the domain name??

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Thanks so much for explaining the whole MEW / MyCrypto thing. I was so surprised!
I have never really been a fan of MEW. Can't wait for the Pillar project to be launched, so we finally have a good alternative... I will check out Enjin, too - had not heard of that!

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So much drama in the BTC

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yup btc itself is a drama ..... so more drama in drama ..... it was in icu for some days ....bleeding

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Aha yup, hopefully this is one of those whatever doesn’t kill you makes you stronger things

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myetherwallet is an excellent wallet, i will stay use it

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Yup its a wake up call from many exchanges tht we should not put our all btc eth or coins in particular exchange.. Must store it in hardware or cold wallet.. Myetherwallet got new competition now and its mycrypto.com

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Hey, nice video. I agree on the whole MEW situation just coming off very unprofessional. In Crypto I believe professionalism and trust goes a long way and this whole thing was just handled like a high school breakup. With that said, I appreciate the way Binance handled their issues. I have about as much confidence in Binance as I could have in an unregulated centralized exchange.

One question, or point. Why not mention the Ether Ledger app as a MEW alternative? I use it all the time, I appreciate the easy to use interface and it has worked very well for me. For those that have a Ledger I would think this should be the method of sending and receiving supported cryptos. Maybe some don't realize it's available? Or maybe I am missing something? Let me know.

ETHLED.png

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i follow boxmining updates and content which helps me understanding coins to valuable information thank you boxmining

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I do not used Binance but for the good of the fragile crypto trading space I hope this all turns out well. I know that every little issue is hyper inflated right now and this is news we need turned around in a positive direction in order to keep it from turning into fud.

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Very good explication +1 follower

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Hi can u support me with 1 subscriber i make gaming videos

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I think it was irresponsible for Binance to not take the proper actions and inform the users of the updated URL. It should have been a pinned tweet by Binance, and not the un-confirmed​ CEO account. Additionally, emails should have gone out to all users, confirming a link to the correct URL.

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I'm going to look good.

I do not live in an English speaking country, so I would appreciate your understanding if it is not English.

Always happy
I hope you will be filled with good things :)

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Trading on Kucoin is a blast! Bought some coins and fees are low😬

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Yes binance is back and the have giving their users 70% discount of fees up until11-02-2018 Binance is back.jpg 24 Feb 2018

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I love Binance but there withdrawal limits are a bit of a joke, to withdraw ETH you have to have 0.1, anything below that in your account then you can't withdraw.

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Cz is a boss, the way he handled the McCafee tweets was great, and his main goal now that his exchange is Number1, is to offer top notch customer support! We need more champions like this in the crypto space.

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great info, binance was my first exchange and my favorite one to use. i do have some others like kucoin, kraken and bitfinex but will always chose binance. 23584102_10155167717567615_1815997961_o.png

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John Macfee's tweet with regards to binance hack was uncalled for. It made lots of people anxious. I am glad Binance managment was quick to respond.tweet.jpg

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Great post! I Upvoted and followed. Do the same and we can support one another.

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