Binance closed to New Signups

Yesterday I shared that Bittrex closed its doors for new sign ups until further notice.

Now its Binance's turn.

However, they may have done this a day late as I heard from numerous folks that their accounts were unavailable and transfers were taking a very long time. Additionally, my friends shared that the site was down. Confirmed by this steemit post, courtesy of @clicktosolve - https://steemit.com/bitcoin/@clicktosolve/binance-is-down

Here is the official announcement from Binance.

No applause here, instead 2 thumbs down for this one.

Respect your existing customers and know when to say no.

On the upside, at least they made the decision now.

No official reason on what the real reason that the site was down but we all can make our guesses. What's your guess?