- Is it really about Elon Musk vs CZ?
- American billionaire Elon Musk criticized the cryptocurrency exchange Binance and demanded an explanation from its executive director Changpeng Zhao.
- This caused an instant response in the cryptocurrency market. According to the Binance crypto exchange, Dogecoin jumped about 5% after Musk ‘s tweet.
- Well, Whether it is Elon Musk vs CZ or not, Doge Holders on Binance are really facing some sissues which it needs to be fixed otherwise it might get real Elon Must vs CZ.
American billionaire Elon Musk criticized the cryptocurrency exchange Binance and demanded an explanation from its executive director Changpeng Zhao about the problems that Dogecoin (DOGE) token holders face. Against this background, the cryptocurrency grew by 5%.
“Hey, Changpeng Zhao, what’s going on with your DOGE clients? Sounds hazy . DOGE owners using Binance need to be protected from mistakes that are not their fault,” Musk wrote on Twitter.
This caused an instant response in the cryptocurrency market. According to the Binance crypto exchange, Dogecoin jumped about 5% after Musk ‘s tweet .
Elon Musk, The Dogefather stands for his community
Musk’s discontent stemmed from the fact that Binance froze the withdrawal of Dogecoin earlier in November . Later, users received a request to return DOGE, which were not on their accounts. Problems for some users have been going on for more than a week .
Zhao told Musk that the Dogecoin wallet was causing the problem. “We are communicating with the developers. We apologize for any inconvenience,” the head of Binance assured.
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However , Binance later explained the situation in more detail . The company claims that the technical issues were caused by other wallet settings.
“The main reason is a technical problem during a recent update (in November, the Dogecoin network was updated to version 1.14.5 – Ed.), Due to which old transactions were re-sent to 1674 users. The problem occurred on Binance and not on other platforms. because we have a different technical configuration of the wallet for DOGE. Since the incident, Doge Network has been supporting us, but we have to completely rebuild the wallet. As we expect, delays may last another week, “the crypto exchange said in a statement .
Elon Musk Vs CZ?
While this conversation was going on, CZ, Binance’s CEO Replies to Elon Musk with a Satirical Reply.
But, It is really about Elon Musk vs CZ or Elon Musk vs Binance, Denies Binance’s CEO Himself
Well, Whether it is Elon Musk vs CZ or not, Doge Holders on Binance are really facing some sissues which it needs to be fixed otherwise it might get real Elon Must vs CZ.
