Following an earlier request to all exchanges to halt trading for their coin, Syscoin announced the result of their investigation.
Syscoin officially announced the result of their investigation, following their earlier request to all exchanges to halt trading of their coin.
As a precaution we had requested exchanges halt $SYS deposit/withdrawal today after we observed odd trading behavior coupled with atypical blockchain activity. After investigating the #Syscoin blockchain is safe. We are asking exchanges to reopen. Detailed wiki post tomorrow. pic.twitter.com/NEypr531zi— Syscoin (@syscoin) July 4, 2018
The request was made after a suspicious transaction where Syscoin was bought for 96 Bitcoins on Binance. Following this unusual activity, other speculations have arisen saying that it was Binance that actually got hacked.