1977
Fact: we asked for transferring of WazirX system source code, deployment, operations, as recently as Feb this year. This was refused by WazirX. Binance do NOT have control on their systems.
WazirX has been uncooperative with us, and looks like uncooperative with ED as well.
1978
People playing deception wording games. We can shut down the domain. It just hurts users. We do NOT have control of the trading system. You just gave the AWS login, no source code, no deployment capability. You also retained access to the AWS account, source code, deploy, etc. twitter.com/NischalShetty/…
1979
If you have funds on WazirX, you should transfer it to Binance. Simple as that.
We could disable WazirX wallets on a tech level, but we can't/won't do that. And as much debates as we are enduring, we can't/won't hurt users. 🙏
1980
The WazirX founding team maintained control of the operations of the platform. We (Binance) were never give data or control of users, KYC, etc. We would love to work with ED to fix these issues in WazirX.
1981
It hurts users.
Binance does NOT have control on operations including "user sign-up, KYC, trading and initiating withdrawals", as stated earlier. WazirX's founding team controls that. This was never transferred, despite our requests. The deal was never closed. No share xfers.
1982
Sad that these have to be debated on Twitter:
Binance provides wallet services for WazirX.
WazirX domain is transferred to our control.
We were given a shared access to an AWS account.
We could shutdown WazirX. But we can't, because.. 1/2 twitter.com/NischalShetty/…
1983
4/ Recent allegations about the operation of WazirX and how the platform is managed by Zanmai Labs are of deep concern to Binance. Binance collaborates with law enforcement agencies all around the world. We would be happy to work with ED in any way possible.
1984
3/ Binance only provides wallet services for WazirX as a tech solution. There is also integration using off-chain tx, to save on network fees. WazirX is responsible all other aspects of the WazirX exchange, including user sign-up, KYC, trading and initiating withdrawals.
1985
Quick thread on Binance and WazirX, and some incorrect reporting.
Binance does not own any equity in Zanmai Labs, the entity operating WazirX and established by the original founders.
1/4
1988
Just met with President of Central African Republic 🇨🇫@FA_Touadera. Discussed education, investments, regulatory frameworks, and crypto adoption. 🤝
1989
Twitter space later. See you there. twitter.com/binance/status…
1990
People are generally careful with not wasting other people's money. But they are often not careful with wasting other people's time. The latter is more expensive.
1991
Busy day. #Binance and Mastercard💳
prnewswire.co.uk/news-releases/…
1992
Pushing adoption, one at a time. 🙏 twitter.com/Stefanbabby/st…
1993
There were 160 public investments totaling $1.91 billion by crypto VCs in July... According to Dove Metrics.
1994
Franck Muller accepts #BNB payment for their watches.
1995
Different setup, different risks. Nothing is risk free. Learn about security.
1996
Your keys, in your own wallet, safe, right? Beware of the wallet software. It could have bugs.
1997
If you used a Slope wallet (for SOL) in the past, move your funds to a different wallet ASAP. Do not "import" the old wallet. Use a new private key or seed phrase. If you don't know those words mean, send your SOL to @binance. The easy way. twitter.com/cz_binance/sta…
1998
Just finished the live interview on CNN. Delayed for 45 min due to microphone issues, technology... Had to resort to a traditional phone call. 😆 twitter.com/cz_binance/sta…
1999
This is how I find out. In chats... from a person I have never met in person, no less.
2000
Don’t get distracted. Keep building.
CEO @binance, holder of #bnb #btc