Quote from: Pamadar on May 11, 2019, 07:34:36 PM

Quote from: Jating on May 11, 2019, 07:21:50 PM

Quote from: DrDoctor1234 on May 11, 2019, 08:12:37 AM

Binance will be fine, but if regulators get to them I can envisage they may be required to do KYC for ALL transactions (not just above 2 BTC per day).

If that happens... well I won't be using Binance anymore.

They have moved from Japan to Malta to get away from regulators as far as I remember. So I doubt that regulators can stretch their arms and force them to do KYC or at least requires users or account holders to do so. Unless Malta suddenly turns around, but I doubt that it will happen.

So for now Binance will not be stop even with this hack, they're too powerful now, if you hadn't notice.

They've got the business well Manage so for sure they will continue and proceed with business as usual, this hack might give them some doubts but after proving that they've got enough money to covered those loses everything will be back to normal and traders will begin to workout again.

CZ also said that it gave them a valuable lessons. So I think they have a lot of things to improved security wise and it could be a complete overall of their system. He also mentioned about getting some experts. So they are business as usual if they open early next week and allow the exchange to go back to it's normal operations.