The fact is that it is so easy to spread these rumours because there are sooooo many weak hands in the market and many people are living in fear of what is going to happen next with their coins. When you already have so many people with this attitude then it will be easy to spread fud. The fact of the matter is that Binance is still one of the biggest and most trusted exchanges to deal with. From my perspective they have been very transparent. We knew that there was a system update coming because they sent out a message about it and tweeted about it. The fact that they are taking the time to ensure that their systems are running at optimal capacity and efficiency makes me think they are looking out for the best interest. Now, is there a chance of hacking? Sure, there is with everything online and we all know that going in. That is why we all have our coins in secure cold wallets offline or in various paper or web wallets so that in the event that something happens with an exchange you can know that your crypto os safe. Right everyone? The reality is that not enough people are being careful with their crypto and they leave it on the exchange rather than store it cold. If you did have it stored and still wanted to trade you could simple use one of the many other exchanges you are signed up for. The people I do feel for are those who have their crypto tied up in a pending order and it has been stuck on the exchange. Those people are victims of bad luck and timing. I'm sure it will all work out for them in the end but I know if I had lots of money sitting in limbo I would be concerned as well.
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The social networks + technology enables to spread the real news / fakes news at the speed of light.