Binance, Doubts, Confusions, Rumours, Hacked Bala Bala
Hong Kong-based cryptocurrency exchange Binance said it won't resume trading or enable customer withdrawals until Friday amid a continued blackout blamed on a prolonged system upgrade.
The suspension has sparked fears that the exchange has been hacked, though Binance, responding to such comments on Twitter, has strongly pushed back against the claim.
According to the most recent statement from Binance, the exchange is expected to resume trading at 4 a.m. UTC on Friday.
"We will allow a 30-minute window where users can cancel open orders prior to trading being opened," the exchange wrote. "We will continue to update every two hours until the upgrade is complete."
The answer for all the doubts and confusions are enclosed herewith in Image
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