The largest cryptocurrency exchange Binance, have created the Foundation for Secure Asset Fund for Users (SAFU), that will allow you to protect the funds of the platform users in an emergency. The decision was taken after fixed on the ground of unusual transactions with the use of API keys. The representatives of the site said in an official blog.
Since July 14, on a separate cold wallet Fund will be deducted 10% of the collected exchange fees.
Note that July 3 at 23:18 Moscow administration site noticed suspicious activity, accompanied by rapid growth of the token Syscoin (SYS), and decided on the suspension of trading.
To ensure safety of the users had deactivated all the API keys and cancelled suspicious transactions.
According to the management Binance, users who had to trade a token SYS at a higher price will have the opportunity to make transactions on the platform without paying commissions up to July 14, 2018. The rest will be reimbursed 70% of the commissions during the same period, in the form of tokens BNB.
Earlier, on 4 July Binance said that made the decision on carrying out “unscheduled maintenance work” after one of the users paid 96 BTC for Syscoin one token.