No, Binance Won’t Be Rolling Back The Bitcoin Blockchain5.6

Following this morning’s $40 million hack of the globe’s largest crypto asset exchange there were calls to roll back the Bitcoin blockchain to nullify the fraudulent transaction.

Binance boss Changpeng ‘CZ’ Zhao said in an earlier AMA that the company was deciding on whether to push for a possible rollback. The move comes as the crypto community reeled from the hack of one of the industry’s most respected and secure exchanges. Citing that cryptos were still in the secure asset fund for users (SAFU), Binance announced a full refund of all of the lost 7000 Bitcoins in the single transaction heist.

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