Binance resumes with some lingering effects of DDoS attack on the Cloud server

in #cryptocurrency7 years ago

Binance is one of the Largest Cryptocurrency Exchanges in the world which kept everyone on the edge this past 2 days since they shutdown the trading and withdrawal for more than a day. This had led to several rumors that the exchange has been hacked. But the founder of Binance, Changpeng Zhao had immediately clarified that the exchange was not hacked and also the official twitter account of Binance has been very actively communicating about this issue. More over they went one step ahead and provided their public address of Bitcoin and Ethereum so that it can clearly convey that they did not loose any money or nothing was hacked.

Below is the snapshot from blockexplorer for the Binance Bitcoin Address

31784 BTC = $266,925,528 USD

Below is the snapshot from Etherscan for the Binance Ethereum Address

189234 ETH = $160,235,214 USD

https://www.binance.com/ is still having some troubles and they have opened the below sub domains due to the DD0S attack on the Cloud provider

One needs to understand that their user database is really really huge and more over they have opened up the registrations again for a short period of time. So larger timeframe for system upgrade is reasonable and network congestion is a given since everybody wants to get in see that their money is safe. I'm hopeful that it will be fully operational anytime now. Binance is currently offering 70% discount on trading fees until Feb 24 if that is any consolation for you :-)


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Disclaimer: Please do your own research before investing in cryptocurrency



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Good job Binance for communicating all the time through this period when the site was down. One of the few reputable exchanges in my opinion.

You write good articles on interesting topics, but you constantly missing to provide image sources. Sometimes when you do (not case in this article) they are not appropriate sources or lead to photos and images that are, in fact, not free to use especially not for commercial purposes what Steemit is considered to be.
Pity!

You are correct about the fact that i have missed providing image sources most of the time. I understand that it is not free to use and will ensure that i do add the image sources going forward. Thank you @ana-maria for reading my article and most importantly thank you for your time and your valuable comment.

was able to log onto binance, us.binance, this morning just fine...
not so much with kucoins though.

i didnt hear anything on kucoin and kucoin is working fine for me. But im still having issues with binance though