Eager to garner some attention on social media, controversial cryptocurrency loudmouth John McAfee played journalist and flung FUD at popular exchange Binance, following their unforeseen outage. It didn’t end well for McAfee.
Late in the evening on Feb. 7th, Binance unexpectedly closed its doors after experiencing unforeseen server issues. Though not a pleasant situation for day traders or anyone with large amounts of liquidity on the popular exchange, the company kept users abreast of the situation with an update:
Due to a significant increase in users and trading activity, Binance will need to extend the System upgrade and is expected to be completed by 2PM (UTC).