Community post
Binance Hacker Bounty
I’m Glad To See Binance Being Proactive.
I’m personally happy to see binance not sitting on the sidelines after the recent hack. They are being proactive in finding out who this person or group of people are. As you may know binance froze the hacker’s stolen crypto assets, as well as any crypto held previously. On top of that they are actively seeking to bring this hacker to justice.
Replies (3)
Great post! I am also extremely impressed with the actions from the Binance community. Everytime I see an exchange acting to protect the security of all their investors I think the whole community brightens up!
No doubt about that, it will also make hackers rethink about their actions. Right now, exchanges are vulnerable as this market recently exploded. Now it has all this attention, and security will get better and better imo. The security to these exchanges will help reassure users and bring in more people to the space, and help reduce unnecessary regulations because the community is showing initiative in making this all work without the complete need of the govt getting involved.
Agreed! I'm hoping the market will start to pick up soon...