Changpeng Zhao, founder and CEO of the popular cryptocurrency exchangeplatform Binance, shared the latest update following last week’s hack.
“Our team is making progress and has been working through the weekend. In the past few days, we have made some significant overhauls to our system, with a large number of advanced security features added and/or completely re-architected. We will share details on some of the changes later,” Zhao said in the corporate blog.
“We aim to fully resume deposits and withdrawals on Tuesday. The time will be communicated at a later stage, depending on how the testing goes. This upgrade will require a trading halt. We will update you again tomorrow.”