Hackers cannot escape the long arms of the Binance security team. Two potential suspects linked to the KyberSwap hack were identified.
Binance has also begun coordinating with law enforcement as efforts from both ends continue to corner the hackers.
Being the biggest crypto exchange in terms of trading volume, Binance’s proactive and selfless effort to help investors from other ecosystems didn't go unnoticed, as one of the community members“Binance is now playing the role of a big brother in the crypto space. Binance has gone beyond securing its platform to securing the entire crypto ecosystem.”
If Binance’s investigation checks out, KyberSwap investors may be witness to a rare community-driven hack redemption.CZ recently retaliated against rumors and false allegations that Binance was a Chinese-based “criminal entity” that “secretly [belongs] in the pocket of the Chinese government.”“The greatest challenge that Binance faces today is that we have been designated a criminal entity in China.
CZ confirmed that Binance has never been legally incorporated in China and never operated like a Chinese company culturally either.
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