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We communicate more frequently during issues.
Trading halts are P0 all-hands-on-deck issues. All internal meetings cancelled, for 8000+ people. Single focus until full recovery.
My main job is tweeting, while listening in on the dev call. No filter or proof-reads. twitter.com/CryptoViv/stat…
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@etc_chmod When the biggest exchange halts trading, prices won't move much. If it moves on smaller exchanges, when #Binance comes back, our deeper orderbook will bring the price back, causing those guys to lose money. Traders know this.
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A little trivia while we wait. Debugging. In the 1940s, when "chip" circuits still use big transistors. Insects often get in (because it's warm) and short circuit things. Engineers have to periodically remove the bugs, thus debugging.
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Initial analysis indicates matching engine encountered a bug on a trailing stop order (a weird one). Recovering. Est 30-120 min ish. Waiting for more precise ETA.
Deposits & withdrawals are paused as a SOP (standard operating procedure). Funds are #SAFU. 🙏 twitter.com/binance/status…
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#Binance built an Customer Support Center in El Salvador from last year with about 60 staff already. Let's do more! twitter.com/nayibbukele/st…
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@PeterSchiff You are so close, but just lack that last tiny bit of introspection that *you* may be wrong about bitcoin. You tweet more about #bitcoin than most people. Let that sink in. 😂
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Interesting article from @nic__carter
» Did The Government Start A Global Financial Crisis In An Attempt To Destroy Crypto? piratewires.com/p/2023-banking…
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Many things happening. I don't have a smart ass tweet. So, let's keep building.
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🤷♂️
» America’s banks are missing hundreds of billions of dollars | The Economist economist.com/finance-and-ec…
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Protect consumers. Who is doing it? and who isn't?
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Tell your loved ones to learn about #Bitcoin.
» Is Bitcoin a Store of Value? | Binance Academy
academy.binance.com/en/articles/is…
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ATH for #Binance Launchpad
» Binance Launchpad for Space ID Tokens Receives Over $2.8B in BNB Commitments coindesk.com/business/2023/…
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#bitcoin has no policy change. Still 21m max supply. Stable mathematically.
What's not stable is its price, that's market/demand driven. It's a feature.
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So, doing things has risks. You could have just stayed status quo...
But, not doing things has bigger risks in the long term. You get left behind.
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@100bviking Dad passed away 2 years ago, during Covid. Changed my world view. We are transient. Money is secondary. Make our time count.
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“My” first computer. Dad paid $7000 CAD for this x286, a few months of his salary in 1990. It remains the most expensive computer we/I ever bought. Looking back, it definitely helped start me on the right track. I’m forever grateful. 🙏 twitter.com/i/web/status/1…
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Would you believe me if I told you I'm the one snowboarding in this video? 😆 twitter.com/LeBinanceFR/st…
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AMA tomorrow. Any questions? twitter.com/binance/status…
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At #Binance, playing a positive role in the communities in which we operate is important. On that note, we’re thrilled to see the Binance Bahrain 🇧🇭 team building event from last week, where they held a Beach Clean Up event! There were over 100 volunteers and they managed to… twitter.com/i/web/status/1…
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#bitcoin never fights back, but those who attack it will fail/fall. twitter.com/gaborgurbacs/s…
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#BUSD, the most fiat-backed stablecoin, audited by big audit firms, regulated by the NYDFS, was forced to wind down (no new minting).
USDC is shrinking in market cap too due to bank closures.
USDT is growing.
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Every decade or so, the same banks fail. We keep them alive, then repeat. More costly each time.
Meanwhile, it is incredibly difficult for new banks (to be approved) to enter the market to compete. New banks are also required to operate in exactly the same way as the old… twitter.com/i/web/status/1…
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#Binance Gift Card is available now at 5000 Kiosks in Italy through MrPay | Binance News binance.com/en/news/top/74…
CEO @binance, holder of #bnb #btc