Binance CEO Addresses BitForge Vulnerability Concerns!

The post Binance CEO Addresses BitForge Vulnerability Concerns! appeared first on Coinpedia Fintech News

Binance CEO Changpeng Zhao has responded to concerns about the BitForge vulnerability, which was recently discovered by Fireblocks researchers. The vulnerability has been found in several popular multi-party computation protocols, including GG-18, GG-20, and Lindell 17. In a statement, Zhao assured users that Binance is actively working to secure its systems and that there have been no reports of any breaches related to the BitForge vulnerability. He also urged users to take necessary security precautions, such as enabling two-factor authentication and creating strong passwords. The Binance CEO reiterated the importance of collaboration within the industry to ensure the protection of digital assets.