Crypto Exchange Binance Goes Offline. Here’s What Happened
According to a tweet posted by Binance CEO Changpeng Zhao, the downtime was caused by an issue with their DNS provider:
We are experiencing an issue with our DNS service provider. We are working on fixing the issue ASAP.
— CZ Binance 🔶🔶🔶 (@cz_binance) April 15, 2020
Funds are #SAFU.
Zhao promises to solve the problem as soon as possible while ensuring his customers that their funds are ‘safu.’
Back in May 2019, the exchange suffered a $40 mln hack due to a security vulnerability.
