Altcoin News: Binance Called the Estimated Date of the Resumption

May 13, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

The CEO of the Binance Cryptocurrency Exchange Changpeng Zhao this Sunday shared new details regarding the measures taken on the results of a recent hacker attack.

“ Our team is making progress and has been working through the weekend. In the past few days, we have made some significant overhauls to our system, with a large number of advanced security features added and/or completely re-architected,” he writes.

Binance is counting on Tuesday to resume deposit/withdrawal transactions. Later, the exchange will specify the exact time, which will depend on the success of testing.

“ Aiming for Tuesday, not sure if it is Asian or pacific time yet. Working on it,” Zhao wrote on Twitter.

The update will require to suspend trading on the platform. The company promises to disclose additional information about this today, and provide a more complete report after the restoration of all the functionality.

Also last evening, Zhao once again recommended being more careful with the desires of the user, who expressed the hope that Binance will launch “a lot of trading pairs for margin trading, the choice of which in Fiat will not be limited to only USDT”.

Author: Marko Vidrih