Important Binance Updates That Concern Many Users

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Important Binance Updates That Concern Many Users


binance, the world’s largest cryptocurrency exchange in terms of number of users and transaction volume, has been involved in some controversies over the last few days.

A series of reports on social media platform

Binance users’ KYC data now appears for sale on the dark web

github hack leak claim pic.twitter.com/SPjGQPsIlS

— otteroooo (@otteroooo) February 4, 2024

Official account of Binance Customer Support responding to one of the tweets secured users are safe:

Our security team evaluated this, like all potential threats, and confirmed that there was no such leak from Binance systems. User accounts remain safe.

Accounts, MFA, biometrics, authenticators, etc. It is secured through many defenses, including:

As always, we appreciate anyone who shares potential bugs and security issues with us so we can investigate and take action to protect users when necessary.

Elsewhere, the exchange also announced the extension of support for altcoin RONIN.

Binance will list RONIN later today and open trading for the following spot trading pairs:

• RONIN/BTC
• RONIN/USDT
• RONIN/FDUSD
• RONIN/DENE

Users are already allowed to make deposits, but withdrawals will begin tomorrow at 13:30 UTC.

Interestingly, the price of RONIN fell by approximately 9% following the announcement today.

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