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Crypto exchange Binance says deposits and withdrawals will resume tomorrow

The exchange of cryographic Binance coins, which is recovering from the security incident last week that allowed hackers

steal 7,000 bitcoins (approximately $ 40 million)He said Monday that he strengthened his security and promised that he will allow deposits and withdrawals on Tuesday, May 14.

After the attack

Binance stopped all deposits and withdrawals to his platform until he could fully investigate what had caused the security breach. Trade in Binance was allowed to continue.

β€œIn recent days, we have made some significant revisions to our system, with a large number of advanced security features added and / or completely redesigned. Later, we will share details about some of the changes, Binance CEO, Changpeng CZ β€œ, Zhao wrote in a blog.

β€œOur goal is to fully resume deposits and withdrawals on Tuesday. The time will be communicated at a later stage, depending on how the tests go. This update will require a commercial cessation ”, he wrote, promising another update tomorrow, as well as a longer Update with more details after all platform operations have resumed.

The hacking news

Just as withdrawals and deposits stopped at one of the world's largest crypto currency exchanges, they did not do much to stop the meteoric increase in Bitcoin prices.

Over the weekend, Bitcoin at one point reached the price of $ 7,500, the highest since August 2018, and more than double the price of just three months ago.

The price of Bitcoin was significantly reduced on Monday and is currently at $ 7,029.

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