>I'm not defending Binance in any way, but this is FUD that is getting blown out of the water (arguably, people are on edge these days). It was pre-announced downtime for a hardfork on their BSC chain.
>https://twitter.com/cz_binance/status/1602510004795367424
>It has caused a bit of a bank run and cz says things are processing just fine (along with tons of 3rd party confirmations).
>https://twitter.com/cz_binance/status/1602676998094069760
>I know HN wants to see crypto die in a giant ball of flaming fire, but let's not lower ourselves to the point of just passing on FUD.
>Edit: -4 incoming. I'm going to leave this here because it is worth it. I'm not a fan of FUD and neither should you be.
I'm going to quote this full comment for posterity's sake, but I also think that you're a bit confused. You say that "it was pre-announced downtime" and cite a tweet from yesterday that says "Also done now. All resumed". In point of fact, withdrawals are not resumed, and a tweet from CZ today confirms that withdrawals are down and they're waiting for a US bank to open[1].
Edit: Shit, Binance themselves even admit this is because of a token swap, not planned downtime[2]. How is this FUD?
Edit 2: Withdrawals back online as of ~5 minutes prior to my comment[3].
[1]https://twitter.com/cz_binance/status/1602579499903852544
[2]https://twitter.com/binance/status/1602579775721283584
[3]https://twitter.com/binance/status/1602708590271385600
>https://twitter.com/cz_binance/status/1602510004795367424
>It has caused a bit of a bank run and cz says things are processing just fine (along with tons of 3rd party confirmations).
>https://twitter.com/cz_binance/status/1602676998094069760
>I know HN wants to see crypto die in a giant ball of flaming fire, but let's not lower ourselves to the point of just passing on FUD.
>Edit: -4 incoming. I'm going to leave this here because it is worth it. I'm not a fan of FUD and neither should you be.
I'm going to quote this full comment for posterity's sake, but I also think that you're a bit confused. You say that "it was pre-announced downtime" and cite a tweet from yesterday that says "Also done now. All resumed". In point of fact, withdrawals are not resumed, and a tweet from CZ today confirms that withdrawals are down and they're waiting for a US bank to open[1].
Edit: Shit, Binance themselves even admit this is because of a token swap, not planned downtime[2]. How is this FUD?
Edit 2: Withdrawals back online as of ~5 minutes prior to my comment[3].
[1]https://twitter.com/cz_binance/status/1602579499903852544
[2]https://twitter.com/binance/status/1602579775721283584
[3]https://twitter.com/binance/status/1602708590271385600