World’s Second Largest Crypto Exchange Binance Resumes Operations After ‘Risk Warning’

Cryptocurrency exchange Binance has resumed trading a day after suspending activities due to system upgrade, followed by a warning from their risk management system, a statement confirms June 27.

Trading at Binance, which usually ranks within the top three exchanges in the world by daily trading volume, ground to a halt Tuesday following a planned system upgrade.

 Developers had forecast trades and withdrawals stopping for a four-hour period, but when automated system signalled an undisclosed vulnerability, the services remained unavailable longer.
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