What's up guys! Its Crypto DJ here with another post! Today, we will be talking about the massive reward that binance will be rewarding to whoever finds the person in which hacked them on the day of March 7th. As Binance has proven to be a reputable exchange, they find it very appropriate to make sure that this kind of hack never happens again. Even though this is not the largest hack in the crypto sphere, it is substantial enough that this reward will be equal to $250,000 dollars. All to find just one person, I think the actions that are now coming from Binance proves that they are here to stay.
Not only have they said that they will reward $250,000 dollars to whoever finds the hacker, but they have said they put aside 10 million dollars in crypto reserve for futures events alike. The time of big corporations saying that all crypto is a scam is over, there are many legitimate companies in crypto that work to serve the people. Exchanges like Coincheck are already rebouncing from their previous NEM hack, and are managing to repay 450 million dollars. Currencies like Electroneum have devoted much time and attention to their currencies security, and the average investor is become more aware of how to navigate all these scams. I do feel like a rebound in the crypto world is bound to happen, but it will take time, and patience from the crypto community. Short post I have here today, but I'll see you guys in the next one! Peace out steemians!
🔴Thank you for reading my post! I hope you guys enjoyed, and I'll see you in the next post! Feel free to ask questions or comment/upvote! 🔴
- Crypto DJ
Haha I literally just posted about this too 😂 although I humbly admit I missed to mention the 10 million dollar reserve portion 😩 kudos to you
Thanks man! 10 million dollars in reserve should help keep some hackers away hopefully! :)
Definitely should cause some paranoia, as they could get narked on by a friend that they told about it for 250,000 usd. Or if their friend told another person that’s not necessarily a friend to that hacker, therefore seeing the opportunity for a reward, which is another thing, be careful who you tell your secrets to. Good ones or bad ones