Binance: will apply for a reward as a reward for a user's reported loss of $1 million due to malicious plugins
Twitter user @CryptoNakamao issued a correction and explanation on the incident of losing $1 million to web cookies due to malicious plugins, saying that Binance did not know about the plugin in advance, and KOL was not Binance's undercover agent.
Binance responded that it once again expressed its regret for the user's encounter and thanked it for helping to clear up the misunderstanding about Binance in the previous tweet. Previously, Binance has set up a reward mechanism through the bug bounty program to encourage community members to report potential vulnerabilities, raise awareness of potential threats, and help Binance detect problems earlier. The user's encounter reminded and helped Binance see better optimization and upgrade space, so it will apply for a reward as a reward.
Binance's risk control and security teams will continue to investigate such incidents. Big data alerts and manual double confirmations have been added to sudden price fluctuations, and users will also be alerted. Binance will continue to invest in practical actions to protect the safety of user assets.