In light of what has been happening in the crypto ecosystem in the last week, Binance Chief Executive Officer, Changpeng Zhao , has stated the need to focus on rebuilding and safeguarding users.
He explained that, “our role, first and foremost, must be to protect users. User funds must never be mismanaged and all measures must be maintained to keep user funds secure. Exchange operations should be transparent and we know Binance must lead by example.” Native tokens play an integral role in the running of blockchains and ensures the strong foundations for blockchainUsers need to be able to confidently depend on the native token their chosen blockchain relies on.
This is a starting point while we work to create a Merkle tree proof of funds that we will share with the community in the next few weeks.
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