Ronin

<div class="cryptonews">
 <p class="is-style-lead">Binance co-founder Yi He has unveiled a new program, promising rewards of $10,000 to $5 million to those who can ‘verify that Binance team <a rel="noopener noreferrer nofollow" title="members" href="https://thebittimes.com/tag/members.html">members</a> are <a rel="noopener noreferrer nofollow" title="corrupt" href="https://thebittimes.com/tag/corrupt.html">corrupt</a>.’</p>
 <p>In an X thread on Feb. 5, He said Binance is encouraging “all reports involving currency listings and other corruption,” adding that insiders who could “verify that Binance team members are corrupt” will get a “security vulnerability bonus” ranging between $10,000 and $5 million. However, He did not provide details regarding the criteria for determining the reward amount.</p>
 <blockquote class="wp-block-quote">
  <p>“It is much easier and more profitable than the rat warehouse.”</p>
  <p>Yi He</p>
 </blockquote>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Binance comments on leak in its security system
 </div>
 <p>He’s announcement follows controversy surrounding the price of Ronin (RON) token, which experienced a 30% drop shortly after being listed on Binance, prompting speculation about potential insider information leaks within the exchange. As of press time, RON is down 26% and is trading at $2.57, according to CoinGecko data.</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
    <p lang="zh" dir="ltr">1）币安的内部调整：上币组涉及商务、研究团队到Pre IC、IC、开发、运营、公告等多个环节，涉及上币流程的团队成员，将加强内部管理与防火隔离；如管理项目出现不管任何原因的信息泄漏，一次警告，二次开除。</p>— Yi He (@heyibinance) February 5, 2024
   </blockquote>
  </div>
 </figure>
 <p>In response to the price drop, He assured Binance customers that team <a rel="noopener noreferrer nofollow" title="members" href="https://thebittimes.com/tag/members.html">members</a> involved in the crypto <a rel="noopener noreferrer nofollow" title="listing" href="https://thebittimes.com/tag/listing.html">listing</a> process will undergo “strengthen internal management and fire isolation,” adding further that Binance will also “improve technical monitoring.”</p>
 <p>Furthermore, He emphasized that once <a rel="noopener noreferrer nofollow" title="corrupt" href="https://thebittimes.com/tag/corrupt.html">corrupt</a> employees are identified and verified, the corresponding projects and funds will be permanently blacklisted by Binance. However, He did not provide specific details on how exactly Binance plans to verify instances of <a rel="noopener noreferrer nofollow" title="corrupt" href="https://thebittimes.com/tag/corrupt.html">corrupt</a>ion.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Binance freezes $4.2m in stolen XRP
 </div> <span class="google-news-banner__label">Follow Us on Google News</span>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/binance-to-grant-up-to-5m-for-exposing-corrupt-listing-team-members-tbt79000.html">https://thebittimes.com/binance-to-grant-up-to-5m-for-exposing-corrupt-listing-team-members-tbt79000.html</a></p>

Binance to grant up to $5m for exposing corrupt listing team members

TheBitTimes

2024년 2월 6일에 게재된 다른 기사

Best New Shiba Inu (SHIB) Competitor to 50x in 2024

Solana meme coins crash; GFOX on Ethereum resilient

Solana Down: What’s the Reason Behind Recurrent Outages

Vast Bank Crypto Service Will no Longer be Available- Report

Understanding and Purchasing renBTC Coin: A Bitcoin-Compatible Ethereum Token

How to Buy Reef Coin?

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!