exchange has resumed trading a day after suspending activities due to system upgrade, followed by a warning from their risk management system, a statement June 27.
Trading at Binance, which usually ranks within the top three exchanges in the world by daily trading volume, ground to a halt Tuesday following a .
Developers had forecast trades and withdrawals stopping for a four-hour period, but when automated system signalled an undisclosed vulnerability, the services .
The cause of the problem remains unknown, Binance stating that it would resume full functionality at 2:45 PM UTC Wednesday, June 27.
On social media, users continued to report discrepancies while attempting to use the platform, officials however not signalling any major issues as of press time, and laconically “Binance System Upgrade Complete”.
Cryptocurrency exchanges often encounter unexpected technical challenges, this month also seeing enter a prolonged period of downtime in order to counter malicious attempts to .
Binance is currently the cryptocurrency exchange by daily trade volumes, seeing $844 mln in trades over the past 24 hours to press time.
Published at Wed, 27 Jun 2018 17:17:00 +0000
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