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Binance Exchange KYC Leak

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This has happened in August 2019 and exchanges are forcing to submit KYC for verifying. If these exchanges can't secure our data, then what is the purpose of it. Do you really think the data was hacked by scammers or by the employees of Binance?

 

How can we trust a Exchange by putting our money with them?

You can read further from this link https://www.coindesk.com/binance-kyc-issue

 

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The KYC issue on binance was just a fud made by the competitors of it. The binance team said that they didn't store the KYC files of every user so it is impossible to leak.


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19 hours ago, heelsibat said:

I don't understand why an exchange site needs KYC for exchange. Those person who are working with Bitcoin he or she is not interested to provide there any of information. Because the owner or inventor of the Bitcoin Mr. Satoshi Nakamoto never revealed himself, why should I have to do? This is very much embarrassing to us. Now who will be responsible for this KYC leak? 

You are very true and these exchanges are just forcing us to reveal our money. Everyone is hiding their face, then why these guys want our identification?

9 hours ago, Ladidi said:

Binance is one of the best wallet for crypto currency.But now i am very upset to know about the kyc leak of binance . It is not good news for us.Because most of the people use binance and exchange with it. Those person who are working with Bitcoin he or she is notinterested to provide there any of information. Because the owner or inventor of the Bitcoin Mr. Satoshi Nakamoto never revealed himself, why should I have to do.

Please edit your post, else I have to report it for moderator as you copied some content from above poster.

2 hours ago, jore1 said:

So many brokers asked to confirm kyc, so unless we check kyc, they don't even let us withdraw funds, which makes me really don't want to join them. I don't trust at all. Any information I provide to them will be kept confidential.

Every exchange are similar like this and after providing our passport, they cannot keep our data safe int heir site.

35 minutes ago, SyntaxEr. said:

The KYC issue on binance was just a fud made by the competitors of it. The binance team said that they didn't store the KYC files of every user so it is impossible to leak.

Are you sure it is a Fud and the KYC files are safe? If they didn't stored, then how they verified or how they can verify in the future?

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2 minutes ago, cryptosix said:

Are you sure it is a Fud and the KYC files are safe? If they didn't stored, then how they verified or how they can verify in the future?

Yeah, it is 100% fud. About the KYC file they using a third-party service provider who is qualified to do KYC with their system the files of every user are safe because they didn't save any info of it and burnt it to ashes. 


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1 hour ago, SyntaxEr. said:

Yeah, it is 100% fud. About the KYC file they using a third-party service provider who is qualified to do KYC with their system the files of every user are safe because they didn't save any info of it and burnt it to ashes. 

Thanks for the information, so they are using third party system, I think it can be used with other exchanges too. Is the third party KYC available for every exchange or Binance only?

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17 hours ago, cryptosix said:

Thanks for the information, so they are using a third party system, I think it can be used with other exchanges too. Is the third party KYC available for every exchange or Binance only?

Every legit and qualified exchange are using third-party service to verify the KYC files of every user who did the KYC so rest assured.


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One of the sites that use Binance Exchange sites, I use this Exchange site myself, though it was amazing to hear about their KYC verification data leak, such an incident is really sad for us.

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4 minutes ago, Ilustration said:

This is human error actually bitmex also leak thousands of email last week all emails of user are leaked now and because of this many people withdraw their money on that platform. 

Unbelievable. I think they aren't taking serious their job. How they can compromise our emails information. If I were, I would be careful more than anything.

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23 minutes ago, Ilustration said:

Bitmex already confirm that email leak are from their exchange technician errors,  maybe because of hard work,  and all of us do unintentionally some mistake maybe big on me big on you and to others. 

It doesn't matter how they lose control on personal data. Trust is always most important thing about money. So I never trust Bitmax again.

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On 11/22/2019 at 9:26 AM, cryptosix said:

This has happened in August 2019 and exchanges are forcing to submit KYC for verifying. If these exchanges can't secure our data, then what is the purpose of it. Do you really think the data was hacked by scammers or by the employees of Binance?

 

How can we trust a Exchange by putting our money with them?

You can read further from this link https://www.coindesk.com/binance-kyc-issue

 

it happened way before august 2019 my friend it was a leak from February 2018 and it was to cripple binance and ruin their reputation once and for all but those lucky guys lived on and got back from something that would've ended any other exchange.

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No one knows whether it is from a binance employee or a hacker. Everyone has a different opinion and we can only assume. It is very unfortunate that important data like this can be leaked at one of the large exchanges like this, there is no fully safe exchange, the most important thing is prevention or responsibility, for example, it seems like when they are hacked they have already prepared SAFU funds to cover the loss.

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I have read some news about this case, most of them said that the KYC data of their costumers has been sold by binance. That's why i always said, be careful when you want to submit your kyc in some exchangers, even it's a well-known and big exchangers. Because we don't know what will happen with our data in their hands.

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We could and have trusted these exchanges with our money, sometimes they were hacked but paid US back, but what we should ask ourselves is can we trust them with our info/ID. Because if those are hack d there is not going back your ID could be used in criminal activities.

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On 11/22/2019 at 10:58 AM, heelsibat said:

I don't understand why an exchange site needs KYC for exchange. Those person who are working with Bitcoin he or she is not interested to provide there any of information. Because the owner or inventor of the Bitcoin Mr. Satoshi Nakamoto never revealed himself, why should I have to do? This is very much embarrassing to us. Now who will be responsible for this KYC leak? 

Not like the exchanges themselves are much interested in KYC but the authorities have imposed it on them citing Anti Money Laundering this and that, but the their main reason is to find a channel to still monitor and control people's finances as Bitcoin and cryptocurrencies basically disrupts their overriding power in controlling the financial sector.


 

 

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1 hour ago, Kim K said:

This is actually the problem. In a world where my information can be traded on dark web and used for scamming activities in Identity theft, Binance leak, of true should worry anyone with KYC verifications on exchanges

That's why i hate KYC, but last time I used Binance there was no KYC, is there KYC requirement now?

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1 hour ago, CryptoMoney said:

That is why I do not lime jyc exchanges. Because someone's data can lek to the world at any time. 

From the above posts the KYC hasn't leaked and the news was fake, but still I am in confuse how do they use third party and then they verify later again?

 

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I truly loathe KYC includes in trades stage I think if all of trades stages will adjust this highlights I thought I my enthusiasm on digital currency will be diminished. what's more, Binance is a standout amongst other wallet for crypto currency.But now I am exceptionally disturbed to think about the kyc break of binance . It isn't uplifting news for us.Because the majority of the individuals use binance and trade with it. Those individual who are working with Bitcoin the person in question is notinterested to give there any of data. Since the proprietor or creator of the Bitcoin Mr. Satoshi Nakamoto never uncovered himself, for what reason should I need to do.

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19 hours ago, Kim K said:

Binance has KYC option now even though it's not compulsory for certain category of traders but not passing KYC on Binance will sure limit your activities there

That sucks, and I hope it remains lie that and it does not come to a stage where it is not compulsory anymore, was this implemented recently or long time a go?

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11 hours ago, Kim K said:

Binance KYC isn't a recent development as it didn't start this year. Though it isn't compulsory but it limits you. The only thing i see is it will get to a stage it will be compulsory

So you are saying that it will never get out of compulsory it will always stay compulsory?! I think different even for the KYC in blockchain.,com. They wont stay compulsory forever.

 

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44 minutes ago, Kim K said:

The trend shows it will become compulsory. Exchanges started from no KYC till some of them gave room to kyc saying it's only optional but if you pass, your withdrawal is unlimited. A time will come when it will become compulsory on exchanges implementing KYC now. Just hope Yobit won't go that route

I hope so too for yobit, I think it is the reason cryptotalk picked yobit at the first place, because of no KYC requirement.

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On 11/22/2019 at 9:26 AM, cryptosix said:

This has happened in August 2019 and exchanges are forcing to submit KYC for verifying. If these exchanges can't secure our data, then what is the purpose of it. Do you really think the data was hacked by scammers or by the employees of Binance?

 

How can we trust a Exchange by putting our money with them?

You can read further from this link https://www.coindesk.com/binance-kyc-issue

 

What's will happen if they force you to verify KYC while you have a balance on that exchange? And they can't allow you to withdraw till you get verified, and the bad thing you don't have ID cards.

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11 minutes ago, Lubruselu said:

What's will happen if they force you to verify KYC while you have a balance on that exchange? And they can't allow you to withdraw till you get verified, and the bad thing you don't have ID cards.

Well then your balance will be stuck on the exchange because moat exchanges that do kyc won't allow you to withdrawal your funds until you verify your account and thats why I stay away from kyc exchanges. 

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2 hours ago, Lubruselu said:

What's will happen if they force you to verify KYC while you have a balance on that exchange? And they can't allow you to withdraw till you get verified, and the bad thing you don't have ID cards.

We have ID cards even passport, but we are not interested to share with them  because it is a decentralized system and even the owners are not sharing their information with public.

They should verify before using the exchange or depositing money like Skrill, PayPal where they verify first and then we can use their platform.

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15 hours ago, cryptosix said:

We have ID cards even passport, but we are not interested to share with them  because it is a decentralized system and even the owners are not sharing their information with public.

They should verify before using the exchange or depositing money like Skrill, PayPal where they verify first and then we can use their platform.

Its sad that these exchanges are taking the privacy out of crypro because one thing people liked the most about crypto is privacy in everything from payments to trading but now they ask for kyc for everything even airdrops.

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On 12/3/2019 at 12:55 PM, cryptosix said:

We have ID cards even passport, but we are not interested to share with them  because it is a decentralized system and even the owners are not sharing their information with public.

They should verify before using the exchange or depositing money like Skrill, PayPal where they verify first and then we can use their platform.

For me I don't like KYC verifications because I don't have non of them, but I couldn't know that you guys you don't like to share your credentials.

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"Such a trend may indicate the growing dissemination of bitcoin and its acceptance among 'average' users," – Fidelity noted.   Specialists from CryptoQuant examined the SOPR indicator readings for these categories of investors and made conclusions similar to those of their colleagues from Fidelity. Investments in Bitcoin by "new" whales (owners of coins "aged" less than 155 days) almost doubled the indicator of "old" large players (more than 155 days). At the same time, the increased value of the metric showed that the profits of the "old" hodlers significantly exceed the indicators of the "newcomers". And if the "old-timers" move to fix profits, this may lead to the formation of price peaks. An analysis of the current picture, according to CEO of CryptoQuant Ki Young Ju, also speaks of the need to exercise caution in anticipation of possible corrections and increased volatility.   Recall that earlier, specialists from JPMorgan noted that digital gold is in a state of overbought. And co-founder of CMCC Crest Willy Woo noted that if the price of the first cryptocurrency falls below the support level of short-term holders at $58,900, the market risks moving into a bearish phase.   As of the evening of Friday, April 26, the BTC/USD pair is trading in the region of $63,950. The total capitalization of the crypto market is $2.36 trillion ($2.32 trillion a week ago). The Bitcoin Fear & Greed Index remained in the Greed zone, although it rose from 66 to 70 points.   Finally, in conclusion of the review, our long-forgotten crypto-life-hacks column. It turns out that in order to become a crypto millionaire, it is enough to have a marker and a piece of paper. The possibility of such a way of enrichment was proven by Christian Langlois, also known as Bitcoin Sign Guy. This guy made headlines in many news outlets after showing a notebook sheet with the inscription "Buy Bitcoin" behind the back of the Chair of the Federal Reserve System Janet Yellen. At that moment, the head of the Fed was giving testimony about the state of the US economy. This image instantly spread across the network and became one of the symbols of the emerging crypto industry.   For his misdemeanour, the 22-year-old intern Langlois was disgracefully expelled from the hearings. But after this episode was shown on television, enthusiasts sent 7 BTC to his crypto wallet to thank the guy for his bold move. Four years ago, Christian sold 21 copies of the "cult" sheet at an average price of 0.8 BTC, earning another 16.8 BTC. Thus, his total earnings reached 23.8 BTC, which is more than $1.5 million at the current exchange rate. And a few weeks ago, Langlois was offered another 5 bitcoins for the original, but he refused to sell the sheet. Nevertheless, Christian liked the idea of further monetizing the self-created object of "artistic and historical heritage", and he decided to sell it at an auction, directing the proceeds to finance his startup Tirrel Corp. On April 25, 2024, the auction house Scarce.City reported that the lot, which became a popular meme, was sold for 16 BTC (more than $1 million). NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • С радостью сообщаем, что мы добавлены на мониторинг OKchanger Контакты: Наш сайт - https://bitkovskiy.io/ Почта - bitkovskiy.change@gmail.com Telegram - https://t.me/Bitkovskiy_exchange
    • там автоматом, вроде, должно. при соблюдении нужных пунктов. что-то типа этого:     а еще у них есть пулы:     а ля американские горки вверх-вниз?
    • В России планируют запретить оборот криптовалют — депутаты назвали точную дату   Исключение авторы проекта предлагают сделать для майнеров, участников майнинг-пулов и «проектов Банка России в рамках экспериментального правового режима». Участниками обращения криптовалют считаются российские или иностранные юрлица и их представительства, а также физические лица, находящиеся на территории страны не менее 183 суток в течение 12 следующих подряд месяцев (то есть полноценные российские налоговые резиденты). Законопроект предлагает запретить на территории страны любую рекламу самих криптовалют и рекламу организации обращения виртуальных монет. Сейчас в действующем законодательстве есть запрет на расчеты между физическими и/или юридическими лицами в криптовалютах, но нет запрета на «организацию обращения» в любом виде. Это обновленная редакция законопроекта № 237585-8, который появился в ноябре 2022 года и должен был отрегулировать майнинг. Тогда документ не прошел даже перовое чтение. В феврале 2024 года авторы законопроекта снова попытались дать ему ход, но 19 апреля комитет по финансовому рынку постановил отправить текст на доработку. В пятницу, 26 апреля, вечером новая версия появилась на столе у председателя Госдумы Вячеслава Володина. Авторами и прошлой, и новой версии законопроекта значится группа из 16 депутатов, в том числе достаточно статусных: председатель комитета по финансовому рынку Анатолий Аксаков, зампредседателя комитета Аркадий Свистунов, зампредседателя комитета по информационной политике Антон Горелкин, первый зампредседателя комитета по безопасности Андрей Луговой, бывший министр сельского хозяйства Алексей Гордеев и так далее. В начале апреля главный фронтмен законопроекта, Анатолий Аксаков, жаловался, что принять закон мешает «одно-единственное ведомство». И обещал, что проект точно станет законом в августе.
    • Приветствуем на страницах форума.   Рады сообщить - наша команда запускает проект по обмену криптовалюты на фиатные валюты разных банком и стран. Кто мы? - Мы команда, проверенных и надёжных сотрудников обменного пункта novobitex.com, мы накопили огромный опыт в финансовой индустрии. Работаем практически по всему миру. Наша команда выполнит ваши заявки на онлайн обмен валюты, без задержек. Регистрируйтесь и получайте привилегии в виде скидок и бонусов.   С нами удобно: Не выходя из дома, Не выходя из офиса, Отправляйте и получайте валюту. Вы можете использовать: Карты любого банка, Принимайте и отправляйте криптовалюты и фиатные валюты, Предоставляем мультивалютные услуги. Возраст не важен: Понятные обмены каждому, Доступные переводы близким, Возможно потребуется верификация по некоторым направлениям. С нами выгодно: Минимальные комиссии, Выполнение или возврат депозита 100%, Отличные курсы для обмена. Наличные: Переводите наличные в криптовалюту, Получайте наличные от продажи криптовалют, Выбирайте валюту и делайте заявку. Переводы в банк: Пополнение счёта в банке через нас, Перевод на счёт нужной вам компании через нас, Получение от вашей фирмы на наш счёт и конвертация в крипту.   Сайт в данный момент дорабатывается, будем благодарны за ваши комментарии. Всегда рады новым идеям и открыты к новым предложениям. С уважением команда novobitex Если возникнут вопросы или предложения, будем рады ответить. Пишите: support@novobitex.com Telegram  
    • Готовимся к получению 8-ми топовых Дропов!       • EigenLayer — крупнейший проект рестейкинга ETH• Base — L2-сеть от крупнейшей биржи США Coinbase• Scroll — любимая L2-сеть Виталика Бутерина• Linea — сеть от разработчиков Metamask• Puffer — один из крупнейших протоколов ликвидного стейкинга• Zircuit — L2-сеть с элементами ИИ• Elixir — модульная сеть для предоставления ликвидности• Zora — крупнейший кроссчейн NFT-протоколВсе эти проекты могут выпустить свои токены уже в этом году и раздать их сотням тысяч ранних пользователей.    Как на этом заработать?Получение любого Дропа работает по такой схеме:• Находите проект, который планирует раздать токены в будущем• Придумываете стратегию и совершаете транзакции• Ждете анонса Дропа и получаете бесплатные токены на десятки тысяч долларов
    • 27.04.2024 Тарифы Kingex 👑   Покупка криптовалюты / Buying cryptocurrency:   BTC/ETH  +1.7% (Мы доплачиваем) USDT  +1.7% (Мы доплачиваем)   ^^SALE^^ от 50k    + 1.9%    Продажа криптовалюты / Selling cryptocurrency:   BTC/ETH  - по запросу USDT   - по запросу   Оператор: @Kingex Сайт: Kingex.io Курс на протяжении дня может меняться! ------------------------ Будьте ОСТОРОЖНЫ, появились фейки! Наш телеграм: @Kingex
    • Спустя почти неделю после халвинга, Bitcoin Runes достигли важной вехи, а наблюдатели и участники обсуждают последствия нового стандарта.  По данным информационной панели Dune Analytics, протокол Runes в Биткойне ( BTC ) заработал 135 миллионов долларов США в виде комиссий за транзакции в  блокчейне первой криптовалюты. Данные внутри сети показали, что токены, выпущенные в соответствии со стандартом, принесли более 2100 BTC в течение недели.    Данные о плате за руны | Источник: Dune Analytics, Кейси Родармор, тот же разработчик, что и протокола Ordinals, разработал Bitcoin Runes для улучшения стандарта BRC-20, который рекламируется для начальной загрузки defi в сети BTC.  Runes позволяет пользователям выполнять более эффективные транзакции и чеканить более оптимизированные токены на BTC, используя формат BTC UTXO. Эта концепция была запущена во время халвинга и с тех пор стала источником активности в цепочке BTC.  По данным Bitcoin Wallet Unisat , пользователи отчеканили около 11 000 рун, что является рекордом участия в блокчейне, и резко увеличили комиссию за газ BTC вскоре после сокращения вдвое. Тем не менее, комиссии восстановились через несколько дней после четырехлетней смены кода Биткойна, в результате которой вознаграждение за майнинг блоков сократилось на 50%. Аналитики: Bitcoin Runes могут принести пользу сети в долгосрочной перспективе Изначально биткойн-руны, возникшие на блоке 840 000, вызвали рост транзакционных издержек BTC, но аналитики не ожидают, что этот эффект сохранится в долгосрочной перспективе. Исследователь биткойнов Джейд АРдиналс сказал, что дополнительная нагрузка на сеть BTC была вызвана только аспектом создания токена, также известным как чеканка.  Исследователь объяснил, что спекуляции вокруг рун спровоцировали массовую чеканку, добавив «искусственную» нагрузку на пространство блоков BTC. Аналитики полагают, что это давление утихнет, но утверждают, что стандарт Runes привлечет больше разработчиков к Биткойну.    Руны уже захватили часть активности в сети BTC. Панель управления Dune компании Crypto Koryo сообщила, что 25 апреля на токены Runes приходилось 45% всех транзакций биткойнов.
    • Уважаемые пользователи обменника obmenot.com! Рады сообщить вам об изменениях, которые мы внесли в наш сервис. Теперь верификация карты Сбербанка стала обязательной, однако мы также предоставляем возможность обмена без верификации. Для вашего удобства мы также внедрили автоматические направления обмена по популярным парам криптовалют, таким как Сбербанк — TRX, Сбербанк — ETH и Сбербанк — USDT ERC20. Это позволит вам быстро и удобно обменивать свои средства, в любое удобное время без участия оператора. Мы постоянно работаем над улучшением нашего сервиса и будем рады видеть вас среди наших клиентов. Если у вас возникнут вопросы или потребуется помощь, обращайтесь к нашей поддержке.   Контакты:Сайт обменника: obmenot.comTelegram: https://t.me/obmenot_exchangeVK: https://vk.com/obmenot
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