Crypto Exchange Binance explains his rare Dogecoin problem-takes up Doge withdrawals-Exchanges
Crypto Exchange Binance explains his rare Dogecoin problem-takes up Doge withdrawals-Exchanges
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The cryptocurrency exchange Binance has declared its Dogecoin problem, which led to a suspension of the payment, and Tesla CEO Elon Musk called the problem "dodgy". The stock exchange says it is a "rare problem" and nobody is to blame.
Binances "rare" Dogecoin problem, withdrawals resumed
Binance explained his Dogecoin problem on Monday with the words:
What started as a fairly simple upgrade became a problem in which Binance user Doge could not take off in the past 17 days. In addition, 1,634 users were sent to old transactions.
"The truth is that a combination of unlikely factors led to an unforeseen problem that ultimately only affected Binance," the company admitted.
Binance said that each platform will have the same problem if she had already listed Dogecoin at V1.14.0 in 2019, transactions got stuck in the wallet and the wallet was updated to V1.14.2 and then updated to V1.14.5.
The stock exchange added: "Unfortunately for Binance we accidentally threaded all the parameters mentioned above into the needle, which led to the coins being sent again and a new wallet had to be built."
Binance emphasized:
No single company was to blame, neither Binance nor Doge Network had previous knowledge of this rare problem. So be assured, as CZ said - nobody is fired.
The company found that it worked with Dogecoin Core carers "to" to diagnose, solve and prevent similar problems ".
In addition, the stock exchange added that we "tested everything on Saturday by opening withdrawals again, but we have done this in silence to ensure that there were no further problems, and now we are happy to be able to tell you that stands are completely open from today."
The Doge problem at Binance was broadly discussed on social media. Tesla boss Elon Musk recently said that the problem " sounds . Binance CEO Changpeng Zhao (CZ) argued that Musk was wrong in his assessment and accused the Tesla boss of the missing knowledge
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