Cryptocurrency Exchange Binance Reopens after System Upgrade
Cryptocurrency Exchange Binance Reopens after System Upgrade
Cryptocurrency Exchange Binance announced on its site on February 9 that it completed the update of its system after technical difficulties caused significant delays.
Also Read: Binance suspends trading Due to System Upgrade
The company's publication confirms that all functionalities are received at 10 am UTC on February 9, and Binance offers a 70% discount of the two weeks on the marketing fees as a sign of "gratitude for their unwavering support during the entire update process.
Despite a "slowdown" in the important elements used for the update, Zhao assured users on social networks that the integrity of the data is not at risk at any time.
The exchange had managed to refute the accusations of hack that was taking place and that the technical problems developed on Thursday, February 8.
"There was a DDoS attack on our cloud provider, resolved, but still some lingering effects," he added in a recent Twitter update.
Binance has risen to international fame in the short period of six months that has existed in the cryptocurrency exchange market.
This week, Changpeng CEO Zhao was named as one of the richest people in the encryption industry in the first Forbes list of its kind, already appeared in major media as an industry expert, even criticizing Warren Buffett publicly.