BINANCE RESUMES WITHDRAWALS AND DEPOSITS AS BITCOIN HIT 8K

May 14,2019 at 08:08 am



Following the Binance hack, the 7000 BTC theft shared into 6 different addresses, the crypto exchange platform had suspended all active withdrawals and deposits and it's sets to resume business as usual today. 



Binance’s hack created quite a lot of buzz and also spread awareness about Bitcoin blockchain’s due to CZ’s comments to recover the lost funds. In a recent update on their official blog, the exchange revealed plans to resume deposit and withdrawals today



Binance was hacked on May 07, 2019, which resulted in hackers getting away with 7000 BTC worth $41 million, and user data. CZ, the CEO, of Binance, has been transparent about the measures that were taken since the hack and has kept the community updated regarding the same.

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