Binance CEO Changpeng Zhao: ‘All Funds Are Safe’

[parobber]

It's really great news that Binance's security measures seem to have held up and that all trades have now been reversed. This is a big win for them when you look at it in that way. They can spin the story positively instead of it being a negative event.

[dayem708]

The cryptocurrency exchange, Binance CEO Changpeng Zhao announced the irregular trades have been determined and will be reversed.
Read more here: Binance CEO Changpeng

Sounds good. and it is good to hear funds are safe. but Binance need to more secure their site. they need to setup more security so that hacker can't hack.

[bitcoinveda]

I don't know what exactly irregular trades will be, because I am very confusing about these option, how people done this without any involvement of binance exchange?

[pereira4]

everthing is just a game of sharks. Sharks created rumors to dump bitcoin price. CHangoeng Zhao also is big shark.

You never know with altcoin exchanges, they are even more dodgy than the usual big exchanges like Coinbase. And even then, all exchanges are now becoming altcoin exchanges too, with Coinbase supporting shitcoins like BCash. Im sure Brian Armstrong teamed up with Roger Ver and Craig Wright to pump BCash. Im glad to see that they are getting a class action lawsuit. We'll see if they can keep playing games with people's money. Im tired of seeing shitcoin pumpers while damaging Bitcoin in the process.

[slaman29]

I wonder here what happened all the way back when Mt Gox was having the start of their problems. I mean, look at recent event and all those of history. Management wants people not to panic, as that would be catastrophic for the company, bleeding out capital and liquidity. Every CEO has said to calm down and gave assurances that things would be okay.

Remember BTC-e? They promised everyone would get their money back. So did Mt Gox actually. We know that neither could fulfil their promises.

[CurrencyMaster]

hmm..itseem somewhat its over a bit..
but still its better everything comes to an end soon and everythings gets safer and regulated as well..

dex like idex is more safer than these cex

[BigBoy89]

I will start believe that  ‘All Funds Are Safe’ after they restore all withdraws and they are fast as before.

Until then.. .they can only winning some time to clean the mess.

[ronbt]

How does reversing work? is there any good tutorial?

[Edraket31]

everthing is just a game of sharks. Sharks created rumors to dump bitcoin price. CHangoeng Zhao also is big shark.

You never know with altcoin exchanges, they are even more dodgy than the usual big exchanges like Coinbase. And even then, all exchanges are now becoming altcoin exchanges too, with Coinbase supporting shitcoins like BCash. Im sure Brian Armstrong teamed up with Roger Ver and Craig Wright to pump BCash. Im glad to see that they are getting a class action lawsuit. We'll see if they can keep playing games with people's money. Im tired of seeing shitcoin pumpers while damaging Bitcoin in the process.

That is a good news for everyone here who have investment of have in Binance at least now they can relieve their mind and relax that their investment is safe and sound. Good to hear this as well coming from the CEO of that certain exchange.