Binance is one of the largest Cryptocurrency exchange in terms of 24-hour trading volume. Just a few months before, It had to close its operation in China due to Chinese ban on Cryptocurrency exchange and ICO. After that Binance and other Cryptocurrency exchanges moved from China to other countries especially Hong Kong, South Korea and Japan.
Today, binance suspended its trading and withdrawal for few hours. Binance mentioned that this happened due to high trafic from new investors. They need to extend system upgrade
A lot of people started believing that Binance is hacked. As like the price of Cryptocurrency, People started panicking and spreading the news. look at the twitter from Mcafee. Though binance clarifies the issue of hacking in tweet.
I hope everything is okay. Just Recently, I have joined Binance and I have some coins over there. I am not thinking of myself as I have few coins in Binance, Hope everyone is safe.
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It's not in John Mcafee's nature to spread false rumours on his twitter LOL :) Thanks for the post I wrote similar if you wanted to check it out. @dan21050
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ha ha. Look at his twitter account now. :)
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Haha, he doesn't help himself though does he
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It was not a hack.. As they said the system they used was not created with intentions of handling millions of news users in such a short time frame!
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Database went out of sync ... they responded openly and honestly and acted accordingly. All you can ask of them. Have no problems. Thanks for sharing
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It's a shame coinsmarkets did not do the same when they went down
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Haha. Just tried to open an account on Binance last night as Bittrex keeps de-listing my coins. A lot of minor issues. I'll wait and see what the outcome is tomorrow. Thanks for the info.
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