https://www.ccn.com/exchange-coinbene-swears-it-wasnt-hacked-traders-fear-the-worstAnother major cryptocurrency exchange has gone dark, and bitcoin traders once again fear that it is using maintenance to cover up a crippling hack.
This time, the medal goes to CoinBene, one of the largest cryptocurrency exchanges according to CoinMarketCap.com. Per self-reported data, the platform enjoys over $780 million in daily trades through assorted cryptocurrencies including bitcoin, bitcoin cash, litecoin, and monero.
#Announcement ‼
Somebody doubt CoinBene was attacked by hacker recently because our maintenance.
We CoinBene are so sorry that made everyone worried for this problem.
Truth is 👇 pic.twitter.com/2P8Ulwjj6C
CoinBene Global (@CoinBene) March 27, 2019
Is CoinBene Trying to Cover a Hack?
When services were down, and users began noticing extended delays while withdrawing and depositing funds, they instantly feared the worst. Thoughts that the company had somehow been exploited or potentially compromised by a cyberattack caused many to reach out for help, though executives initially claimed that the slow service was the result of maintenance.