Elon Musk asked Binance CEO about Dogecoin, the answer came from the stock market
Tesla CEO Elon Musk requested Binance CEO Changpeng Zhao in regards to the status of Dogecoin consumers after the court cases he gained.
in the message he conveyed by way of tagging Zhao on Twitter, “Doge is along with your customers what is going on on approximately it? the placement appears to be like questionable.”
Binance suspended DOGE withdrawals on November ELEVEN. Because The explanation for the decision, it was once stated that a problem used to be detected within the withdrawal mechanism of Dogecoin, “We Have Now briefly suspended the withdrawals created from the DOGE network until this problem is resolved. Binance may be involved with the DOGE mission staff to solve the problem.” it used to be mentioned. as well as, it was cited in the commentary that the capturing operations at the DOGE network will remain closed until the location is corrected. It used to be additionally stated that it is going to take until the top of the month to resolve the problem.
After 12 days, transactions over the Dogecoin network are nonetheless suspended on Binance. in this time, many users complained approximately no longer having the ability to withdraw their DOGE from Binance. A Few users said that their DOGE balances had been totally blocked.
Comment from Binance on Musk’s question
a statement used to be printed on Binance’s reliable Twitter account, following Musk’s question. in the remark, it used to be said that the root reason for the problem was a technical factor through the remaining Dogecoin replace, which caused vintage transactions to be resent to 1674 users. He persevered, “This factor took place on Binance as a result of the truth that now we have a special technical pockets setup for DOGE. We’ve had beef up from the DOGE Network for the reason that incident happened, but we’d like to completely rebuild the wallet. that is causing a prolong that we hope can ultimate up to every week.”
in the commentary made, Binance’s Twitter account said, “No, there is no questionable state of affairs. It’s simply traumatic and we are engaged on it to mend it. here are the main points.”
Musk also gave a suggestive reaction
Elon Musk additionally implicitly wrote within the face of this observation:
“Is Binance DOGE homeowners who use it should offer protection to themselves from errors which might be not their own.”