Binance paving the way on helping to safeguard Crypocurrency Exchanges.

in #cryptocurrency7 years ago

Binance paving the way on safeguarding Crypocurrency Exchanges.


After the recent unsuccessful hacking attempt on the Binance Exchange, they have decided to offer a $250,000 reward for any information that leads to the arrest of the hackers involved in the operation. This will be payable in the equivalent amount of Binance coin (BNB).

Binance have also decided to create a $10,000,000 fund for bounty rewards against any future hacking attempts on the Binance Exchange, stating that 'Protecting your funds is and has always been our highest priority!' Their response to this situation and the position they have taken shows exactly why they are one of the best Exchange's out there.

Binance Press Release

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Cheers! Will do :)