Today, July 4th, Binance exchange has suddenly suspended trading, the possibility of withdrawing funds and other functions.
— Binance (@binance) July 4, 2018
Representatives of Binance said that the trading platform is forced to conduct technical work. They also apologized for the inconvenience, promising to provide details soon.
A few hours later, the blog site reported that due to “suspicious trading activity” Binance will remove all existing API keys and will prompt users to create new ones.
After another hour, API keys were removed, users were able to create new ones. The administration of Binance promised to announce the resumption of the remaining operations later.
CEO of the Binance Exchange Changpeng Zhao said that all means are safe.
Funds are safe. https://t.co/YKxVceCWua
— CZ (@cz_binance) July 4, 2018
At the time of writing, operations on Binance are still unavailable.
UPDATE: The technical work has been completed. The possibility of trading, input-output of funds, as well as other functions of the trading platform was renewed.
Also, representatives of Binance promised soon to tell in detail about the reasons for the sudden suspension of the work of the exchange.
Note that popular crypto-exchange started unscheduled technical work soon after one of the users paid 96 BTC per one Syscoin token.