Crypto Exchange Binance Goes Offline. Here’s What Happened

Published by Cyber Flows on

According to a tweet posted by Binance CEO Changpeng Zhao, the downtime was caused by an issue with their DNS provider:

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.

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