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    Home » Bitcoin-exchange Binance briefly suspended withdrawal of funds

    Bitcoin-exchange Binance briefly suspended withdrawal of funds

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    By BlockchainJournal on September 27, 2018 News
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    CEO of the largest trading volumes kriptovalyutnoy Exchange Binance Chanpen Zhao reported failures of the Exchange infrastructure, because of which had to suspend the possibility of withdrawal.

    ASAP. We are having a network / server issue that affects withdrawals, our team is working to resolve it. Not a hack, just infrastructure (network / server) issue. Thank you for your patience!

    – CZ Binance (@cz_binance) 27 весня 2018 р.

    The head of Binance assured users that the cause of the problem is not a hacker attack, but the problem itself is temporary. He also stressed that there is no need to panic because "all SAFU funds", that is, in safety.

    Funds are #SAFU , just a network problem. Should be fixed shortly. No need to panic.

    – CZ Binance (@cz_binance) 27 весня 2018 р.

    Soon the problem was eliminated, the possibility of withdrawing funds was restored.

    Issue fixed now. Withdrawals resumed. Apologies for the interruption of service. Thank you for your understanding and support!

    – CZ Binance (@cz_binance) 27 весня 2018 р.

    Recall, in the summer Binance created the Secure Asset Fund for Users (SAFU) to protect users' funds in emergencies.

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