Huobi reminds investors what’s important in the Musk-Binance Dogecoin spat
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ambcrypto.comWhat looked like a Twitter spat between two billionaires could actually have far-reaching consequences. Not only for Dogecoin’s investors, but also the wider community of crypto-exchange customers.
After Elon Musk called for answers and remarked that the way Binance treated its DOGE customers sounded “shady,” Binance CEO Changpeng Zhao released a statement. Zhao reiterated what a Binance thread had said about DOGE network withdrawals being suspended and how the team is rebuilding the wallet.
He said,
“The root cause is due to a technical issue during the recent upgrade process that caused old transactions to be resent to 1,674 users. I am sure this was a great surprise to them.”
Several exchanges took the opportunity to playfully invite DOGE
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