Binance: Cryptocurrency exchange Binance has announced that it has temporarily suspended deposits and withdrawals on its Elrond (EGLD) network due to a potential security issue.
The following statement was made on the subject:
Statement from Elrond
Elrond had been attacked the previous day, resulting in a drastic drop in EGLD. The team announced that they have implemented the relevant rescue plan. However, CEO Beniamin Mincu stated that they are working with exchanges such as Binance to re-enable withdrawals and deposits.
8/ Sixth, we are working in close contact w/ Binance & some of the other exchanges around the world, to re-enable EGLD deposits and withdrawals.
All this should be available in the next couple of hours.
Very much appreciate all their support during these hard times.
— Beniamin Mincu 🔥🌓 (@beniaminmincu) June 7, 2022