Binance Announces Bounty to Catch Hackers
Binance has announced a $250,000 USD to anyone who supplies information that leads to the legal arrest of the hackers involved in the attempted hacking incident on Binance on March 7th, 2018.
Here is what the text on the official site said:
"Fellow Binancians,To ensure a safe crypto community, we can’t simply play defense. We need to actively prevent any instances of hacking before they occur, as well as follow through after-the-fact. Even though the hacking attempt against Binance on March 7th was not successful, it was clear it was a large-scale, organized effort. This needs to be addressed.
Binance is offering a $250,000 USD equivalent bounty to anyone who supplies information that leads to the legal arrest of the hackers involved in the attempted hacking incident on Binance on March 7th, 2018.
The first person to supply substantial information and evidence that leads to the legal arrest of the hackers, in any jurisdiction, will receive the equivalent of $250,000 USD in BNB. The exchange rate will be determined at time of transfer.
Please supply detailed information to bounty@binance.com as well as to your local law enforcement agencies.
If your local laws allow, you may remain anonymous.
If multiple sources/segments of data are used to lead to the final legal arrests, the bounty may be split between sources. Binance reserves all rights to split the bounty amount, solely at our discretion.
Furthermore, Binance has currently allocated the equivalent of $10,000,000 USD in crypto reserves for future bounty awards against any illegal hacking attempts on Binance. We have also invited other exchanges and crypto businesses to join our initiative. We welcome their participation at any time.
Protecting your funds is and has always been our highest priority!
Thanks for your support!
Binance Team
2018/03/11"
I heard about this, that's a nice chunk of change. Much respect goes out to Binance for the quick and diligent response... Check out my btc/usd update through out all this FUD.
https://steemit.com/cryptocurrency/@cryptoaltcoin/btc-usd-price-analysis-update-mt-gox-binance-fud-47492b99b2d53
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http://socialcoinnews.com/2018/03/11/binance-hacker-bounty-announced/
Hey @krryptoking, the markets are pretty crazy right now. Crypto is back to a weird space but I know long term it's still what we're all hoping it will be! Cheers
For future viewers: price of bitcoin at the moment of posting is 9837.90USD